The difference between a business's revenues and its expenses is known as __ . A. profit or loss B. surplus C. aggregate output D. supply E. capital

## Step 1<br />The question is asking for the term that describes the difference between a business's revenues and its expenses. This is a basic concept in business and accounting.<br />## Step 2<br />The difference between a business's revenues and its expenses is known as the net income or net loss. If the revenues exceed the expenses, the business has made a profit. If the expenses exceed the revenues, the business has made a loss.<br />## Step 3<br />The other options provided, such as surplus, aggregate output, supply, and capital, do not accurately describe the difference between a business's revenues and its expenses.