Supernormal profit: Difference between revisions
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imported>Doug Williamson (Additional clarification to entry. Source: Qualifications syllabus) |
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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. | 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. | ||
== See also == | == See also == | ||
* [[Normal profit]] | * [[Normal profit]] | ||
* [[Opportunity cost]] | * [[Opportunity cost]] | ||
Revision as of 14:26, 7 February 2015
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.