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发表于 2011-7-11 19:49
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normal profit - the profit you would earn in a perfectly competitive environment. normal profit includes all explicit and implicit opportunity costs
economic profit - the difference between the revenue received and all costs associated with the production of that good, including opportunity costs. normal profit is not a component of economic profit.
Edited 1 time(s). Last edit at Sunday, November 28, 2010 at 01:31AM by BayStreet. |
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