factor effecting profitability?
factors affecting profit?
Because somethings, like profit are dependent on other factors so, profit is unknown until such factors are accounted for.
i dont know what does profit affect microeconomics
what are the important factors that you would take into consideration while establishing a profit centre?
Yes. Unless you are effecting other people, you can use your property however you wish.Addition: Only if you are using it for this purpose for your OWN family - NOT if you are renting or leasing it for profit.
Several factors can contribute to a firm earning less than a normal profit, including high competition in the market, high production costs, inefficient operations, and external factors such as changes in consumer preferences or economic conditions. These factors can lead to lower revenue and higher expenses, resulting in a firm earning less than a normal profit.
Here are some of the push factors: less profit no electricity
Here are some of the push factors: less profit no electricity
1. Profit 2. Interest or dividends
In profit maximization, the ultimate aim of the business is profit. When profit is the main target, focus on other factors like investment, expansion, usage of the product, creating goodwill, ethics, etc., are lost or given minimum priority.
Economic profit is determined by subtracting all explicit and implicit costs from total revenue. Factors that contribute to its calculation include production costs, opportunity costs, and the competitive environment.
Economic profit is calculated by subtracting both explicit costs (such as wages and rent) and implicit costs (such as opportunity costs) from total revenue. Factors considered in determining economic profit include production costs, revenue generated, and the value of alternative opportunities foregone.