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🌐 Entity Profit (economics)

Profit (economics)

Concept in economics

📊 Rating

4 news mentions · 👍 0 likes · 👎 0 dislikes

📌 Topics

  • Economy (2)
  • Financial Performance (2)
  • Corporate Finance (1)
  • Manufacturing (1)
  • Supply Chain (1)
  • Luxury Retail (1)
  • E-commerce (1)
  • Market Diversification (1)
  • Profitability Challenges (1)
  • Structural Reforms (1)
  • Investment (1)
  • Market Trends (1)

🏷️ Keywords

Profitability (4) · O-I Glass (1) · Earnings report (1) · Glass packaging (1) · Manufacturing (1) · MAGMA technology (1) · Inventory destocking (1) · Mytheresa (1) · LuxExperience (1) · Quarterly results (1) · Luxury fashion (1) · Consumer behavior (1) · High-net-worth (1) · Balco Group (1) · Order Intake (1) · Financial Performance (1) · Market Diversification (1) · Structural Reforms (1) · Nordic Markets (1) · Maritime Applications (1)

📖 Key Information

In economics, profit is the difference between revenue that an economic entity has received from its outputs and total costs of its inputs, also known as "surplus value". It is equal to total revenue minus total cost, including both explicit and implicit costs. It is different from accounting profit, which only relates to the explicit costs that appear on a firm's financial statements.

📰 Related News (4)

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