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Economic profit is the total revenue generated by a business minus total opportunity costs. It is a more theoretical way of looking at a company's profitability that differs from t...

Profit (economics)


In neoclassical microeconomic theory, profit is either of two related but distinct concepts. Economic profit is similar to accounting profit but smaller because it ...

Economic Profit (Or Loss) Definition | Investopedia


This can be used as another name for "economic value added" (EVA). ... In calculating economic profit, opportunity costs are deducted from revenues earned.

How to Calculate Economic Profit: Definition & Formula - Video ...


Jun 1, 2015 ... Learn what economic profit is and how it's different from standard accounting profit in this lesson. Find out the formula for calculating economic.

Economic profit vs accounting profit | Economic profit and ...


Difference between a firm's accounting and economic profit.

Economic Profit Definition & Example | Investing Answers


Economic profit is also referred to as economic value added (EVA), which is a trademarked concept originally devised by Stern Stewart & Co. The formula for ...

How to calculate economic profit | The Incidental Economist


The following is a lightly edited excerpt of sections from Chapter 7 and 8 of Microeconomics Made Simple, by Austin Frakt and Mike Piper. You can find a ...

Difference Between Economic and Accounting Profit - Boundless


Economic profit consists of revenue minus implicit (opportunity) and explicit ( monetary) costs; accounting profit consists of revenue minus explicit costs.

What is economic profit? definition and meaning


Definition of economic profit: The difference between a company's income and economic costs.

Economic Profit financial definition of Economic Profit

financial-dictionary.thefreedictionary.com/Economic Profit

Definition of Economic Profit in the Financial Dictionary - by Free online English dictionary and encyclopedia. What is Economic Profit? Meaning of Economic ...

Popular Q&A
Q: What is economic profit?
A: Plug the given numbers into the given equations: economic profit = revenue - (explicit cost + implicit cost) revenue = price * units sold. explicit cost = unit ... Read More »
Source: answers.yahoo.com
Q: What is Economic Profits?
A: Economic profit is the profits after opportunity cost(total revenue-accounting cost -opportunity cost) If it is zero, it means it has enough profit to do the bu... Read More »
Source: answers.yahoo.com
Q: What is economic profit ?
A: In neoclassical microeconomic theory, the term profit has two related but distinct meanings. Economic profit is similar to accounting profit but smaller because... Read More »
Source: www.chacha.com
Q: What is economic profit?
A: What Does Economic Profit (or Loss) Mean? The difference between the revenue received from Read More »
Source: www.chacha.com
Q: What is economic profit?
A: Difference between revenue received from sale of an output & the opportunity cost of inputs used. (EVA) Read More »
Source: wiki.answers.com