Profit: the money gained from the sale of good service
After all the costs needed to make the sale are subtracted from the amount received

premium

Explanation:

premium is a money subtracted after all expenses

changes in factors like average income and preferences can cause an entire demand curve to shift right or left. this causes a higher or lower quantity to be demanded at a given price. demand curves relate the prices and quantities demanded assuming no other factors change. it is important for consumers to know this information, because it is crucial for them to know what they can afford and can't afford. i hope this .