read the scenario. three friends developed a new type of equipment for the car industry. with bank loans and…

read the scenario. three friends developed a new type of equipment for the car industry. with bank loans and money from investors, they were able to build a factory and hire employees to produce the equipment. after three years, the business has started to make a profit. the three friends are happy with their business. how will the entrepreneurs most likely use their profits? to close down their business to move to another country to expand their production and sales

read the scenario. three friends developed a new type of equipment for the car industry. with bank loans and money from investors, they were able to build a factory and hire employees to produce the equipment. after three years, the business has started to make a profit. the three friends are happy with their business. how will the entrepreneurs most likely use their profits? to close down their business to move to another country to expand their production and sales

Answer

Brief Explanations:

Entrepreneurs typically use profits to grow their businesses. Closing down the business when it's profitable is counter - intuitive. Moving to another country isn't a common use of profits for a successful local business. Expanding production and sales is a logical way to build on the success and increase future profits.

Answer:

to expand their production and sales