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.
