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profit normal

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  • Normal, Illinois — Uptown Normal looking east on North Street …   Wikipedia

  • Profit (economics) — In economics, the term profit has two related but distinct meanings. Normal profit represents the total opportunity costs (both explicit and implicit) of a venture to an entrepreneur or investor, whilst economic profit (also abnormal, pure,… …   Wikipedia

  • Normal Profit — When economic profit is equal to zero; this occurs when the difference between total revenue and total cost (explicit and implicit costs) equals zero. Normal profit is different than accounting profit because opportunity cost is taken into… …   Investment dictionary

  • profit — total revenue less total expenses for a period of time calculated in accordance with generally accepted accounting principles. Glossary of Business Terms Revenue minus cost. The amount one makes on a transaction. Bloomberg Financial Dictionary *… …   Financial and business terms

  • Normal Wear-And-Tear — The inevitable physical decline of the condition of a property from time and usage. Normal wear and tear increases over the useful life of any property or asset. It results from normal usage by its occupants as well as from weather and other… …   Investment dictionary

  • Profit impact of marketing strategy — The Profit Impact of Market Strategy (PIMS) database yields solid evidence in support of both common sense and counter intuitive principles for gaining and sustaining competitive advantage : Tom Peters and Nancy Austin. It was developed with the… …   Wikipedia

  • normal profit — level of profit that enables continuation of economic activities, regular profit …   English contemporary dictionary

  • normal profit — /ˌnɔ:m(ə)l prɒfɪt/ noun a minimum profit that can motivate a business to carry on a type of production or selling …   Marketing dictionary in english

  • Abnormal profit — In economics supernormal profit, also called economic rent, abnormal profit or pure profit or excess profits, is a profit exceeding the normal profit. Normal profit equals the opportunity cost of labour and capital, while supernormal profit is… …   Wikipedia

  • Monopoly profit — Contents 1 Monopoly Profit Basic Definition 2 Persistence 3 Government intervention 4 Footnotes 5 …   Wikipedia

  • operating profit — The profit that a company makes before the deduction of interest and tax. Financial Services Glossary * * * operating profit operating profit ➔ profit1 * * *    Profits from a company s ordinary revenue producing activities, calculated before… …   Financial and business terms

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