Chapter 8, Problem 4AA

To determine

To choose: The word that best completes the given sentence.

Answer to Problem 4AA

The word that best completes the given sentence is option (h) Annual.

Explanation of Solution

Every business owner makes efforts so as to increase their annual revenue that means sales so that its profits can be increased which can help in the expansion of the business.

No other option fits in except ‘annual’ as business owners try to increase their annual sales so that their profit can be maximized.

Economics Concept Introduction

Introduction:

Revenue: It is the income generated through the business activities from the sale of goods and services, called as turnover or sales.