Profit Profit Supernormal Profit, also referred to as abnormal profit or pure profit, is an economic term of profit exceeding the normal profit. Normal profit equals the opportunity cost of labour and capital, while supernormal profit is the amount exceeds the normal return from these input factors in production. ...more on Wikipedia about "Abnormal profit"
Mesne profits are sums of money paid for the occupation of land to a person with right of immediate occupation, where no permission has been given for that occupation. ...more on Wikipedia about "Mesne profits"
In economics, a firm is said to reap monopoly profits when a lack of viable market competition allows it to set its prices above the equilibrium price for a good or service without losing profits to competitors. Monopoly profit is a type of economic profit, that is, it is a profit greater than the normal profit that is typical in a perfectly competitive industry. ...more on Wikipedia about "Monopoly profit"
Profit, from Latin meaning "to make progress", is defined in two different ways. Under capitalism, profit is a positive return made on an investment by an individual or by business operations. Under the Marxist definition it is a mechanism of class exploitation, where 'surplus value' is extracted by capitalists from their workers and suppliers beyond the point where costs are covered. ...more on Wikipedia about "Profit"
Profit margin is a measure of profitability. It is calculated as ...more on Wikipedia about "Profit margin"
In economics, profit maximization is the process by which a firm determines the price and output level that returns the greatest profit. There are several approaches to this problem. The total revenue -- total cost method relies on the fact that profit equals revenue minus cost, and the marginal revenue -- marginal cost method is based on the fact that total profit in a perfectly competitive market reaches its maximum point where marginal revenue equals marginal cost. ...more on Wikipedia about "Profit maximization"
Subnormal profit, an economic term of profit, occurs when profit fails to meet the level of normal profit. ...more on Wikipedia about "Subnormal profit"
This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia . Direct links to the original articles are in the text.
If you use exact copy or modified of this article you should preserve above paragraph and put also : It uses material from
the Shortopedia article about "Profit".
| MAIN PAGE | MAIN INDEX | CONTACT US |