An example of a cost would be
profit
revenue
tornadoes
principle and interest on loans

The answer to the question: An example of a cost would be:___: Profit.

Explanation:

Whenever we are talking about businesses, starting one, or continuing one that already exists, we must always think about three pillars: costs, revenue and profits. The costs are all the earnings and expenses that are had during production and selling of the product. All those things in between that are required, generate costs. Revenue is what is earned when the product is sold in the market. Profit is what is left to a business owner when both costs and revenues are accounted for. It is what is gained after fromt he revenue the costs are deducted. This profit is also calculated by business owners as part of what the costs might be, in order to know for sure how to price a product and make profit.

buying socks and buying shoes are independent events.

can you explain a little further maybe give multiple choice? ?