Supernormal profit: Difference between revisions
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imported>Doug Williamson (Additional clarification to entry. Source: Qualifications syllabus) |
imported>Doug Williamson (Classify page.) |
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The profit over and above the return which the owners of a company could have earned by investing their money elsewhere at the same level of risk. | The profit over and above the return which the owners of a company could have earned by investing their money elsewhere at the same level of risk. | ||
Also known as ''economic profit''. | |||
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* [[Normal profit]] | * [[Normal profit]] | ||
* [[Opportunity cost]] | * [[Opportunity cost]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
Latest revision as of 12:12, 2 July 2022
The profit over and above the return which the owners of a company could have earned by investing their money elsewhere at the same level of risk.
Also known as economic profit.
