Attempt a definition of profit. You can use other books. Can all members of the group agree

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Attempt a definition of ‘profit’. You can use other books. Can all members of the group agree on the definition? Is the definition clear and robust enough to provide a basis for measuring profits in all businesses? You could have a formal debate with two people arguing in favour of a particular definition of profit, and two could argue against that definition. Or two could argue that it is possible to produce a workable definition, and two could argue that it is not.

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