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What is Profit Economics

In the field of economics, profit is defined as the difference between the entire costs of an economic entity's inputs and the income that the entity has received from its outputs. This difference is also referred to as surplus value. By subtracting the overall cost from the total revenue, which includes both explicit and implicit costs, it is equivalent to the cost.

How you will benefit

(I) Insights, and validations about the following topics:

Chapter 1: Profit (economics)

Chapter 2: Duopoly

Chapter 3: Microeconomics

Chapter 4: Monopoly

Chapter 5: Monopolistic competition

Chapter 6: Oligopoly

Chapter 7: Perfect competition

Chapter 8: Imperfect competition

Chapter 9: Price discrimination

Chapter 10: Profit maximization

Chapter 11: Monopoly profit

Chapter 12: Allocative efficiency

Chapter 13: Bertrand paradox (economics)

Chapter 14: Market power

Chapter 15: Marginal revenue

Chapter 16: Market structure

Chapter 17: Competition (economics)

Chapter 18: Market distortion

Chapter 19: Williamson tradeoff model

Chapter 20: Bertrand-Edgeworth model

Chapter 21: Monopoly price

(II) Answering the public top questions about profit economics.

(III) Real world examples for the usage of profit economics in many fields.

Who this book is for

Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Profit Economics.

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