excess profit

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Definition of excess profit in English English dictionary

excess profits
(Ekonomi) 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 the amount exceeds the normal return from these input factors in production
excess profit

    Hyphenation

    ex·cess prof·it

    Turkish pronunciation

    îkses präfıt

    Pronunciation

    /əkˈses ˈpräfət/ /ɪkˈsɛs ˈprɑːfət/
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