Profit (economics)

Profit is the money a person or a company makes by doing business or selling something. It is the difference between how much it costs to make something or provide a service and how much someone is willing to pay for it. For example, if it costs a burger restaurant $4 to make and sell a $10 burger, the profit is the difference, or $6. Profits can be used for different things, like helping the business grow, or to pay employees.