Economic profit

Economic profit,

Definition of Economic profit:

  1. The difference between a companys income and economic costs.

How to use Economic profit in a sentence?

  1. The difference between how much economic profit you make can rest on a razors edge and you need breaks to go your way.
  2. I knew we would accumulate a lot of economic profit with our new system in place and that made everyone excited.
  3. Being able to break down your companies economic profit will help you to know exactly how well you have done this year.

Meaning of Economic profit & Economic profit Definition