Economic profit: Difference between revisions
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imported>Doug Williamson (Define explicitly.) |
imported>Doug Williamson (Add abbreviation.) |
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(EP). | |||
The profit over and above the return which investors could have earned by investing elsewhere at the same level of risk. | The profit over and above the return which investors could have earned by investing elsewhere at the same level of risk. | ||
Revision as of 07:04, 19 May 2015
(EP).
The profit over and above the return which investors could have earned by investing elsewhere at the same level of risk.
Also known as supernormal profit.
