Businesses earn profits by converting financial, physical, and labor resources into goods and services that satisfy consumer demands. this statement is: . trueb. false

_A. True

Explanation:

A business makes profits by selling a product or a service at a price higher than it used to acquire it. Customers will accept to buy a product at the price the seller is offering only if the product will add value to the customer. In other words, customers will spend money if the products or services they are buying is providing a solution to their need and wants.

Businesses make money by availing solutions to customer problems at a fee. The fee is the price that customers have to pay to acquire the product and service they need. By offering the product at a higher price than the cost price, a business will make some profits.

1   b) the use of non-standard grammar  

2   a) quiet and shy.

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