What is the best definition of profit? Profit is the possible income from producing an additional item. Profit is the price of producing one additional unit of a good. Profit is the additional income gained from selling an additional good. Profit is the financial gain from business activity minus expenses.

Profit is how much you have left over after your expenses

The income received from selling one additional unit of a good or service ... Profit is the total amount producers earn after subtracting the production ... the possible income from producing an additional item ... b) the price of producing one additional unit of a good ... d) the financial gain from business activity minus expenses.