In the long run, for a business to remain in operation, the revenues from products sold should normally cover all costs and expenses and provide a reasonable income.

Question

Quizplus · Accepted Answer

For a business to sustain operations and grow in the long run, it must generate enough revenue to cover all its costs and expenses, including production, operation, and overhead costs, while also providing a profit margin that ensures a reasonable income for its owners or shareholders.

In the Long Run, for a Business to Remain in Operation