Economic profits disappear when a company's total revenue equals its total costs, including both explicit and implicit costs. This means that the company is no longer making a profit above and beyond what it could earn in an alternative investment.
Profits = revenues - expenses
economic profits in a industry suggest the industry
greater then economic profits,as accounting profits do not include implicit costs
The economic function of profits and losses is to determine the performance of a company. This is what will contribute to the overall measure of the economy in a region.
Yes
Profits = revenues - expenses
economic profits in a industry suggest the industry
greater then economic profits,as accounting profits do not include implicit costs
what is the difference between reasonable profits and economic profits
The economic function of profits and losses is to determine the performance of a company. This is what will contribute to the overall measure of the economy in a region.
Yes
yes it is
Peak performance.
Capitalism
Capitalism :)
Marx
No, disappear is a verb. The present participle disappearing is sometimes an adjective.(In Latin America, the Spanish word for "disappear" is used as a verb to mean extra-legal murder or detention, and the word disappeared is an adjective.)