ECN 2110 Week 4 Discussion 2 | Baker College

ECN 2110 Week 4 Discussion 2 | Baker College

Economic Profit

Class, what is the difference between economic profit and accounting profit.  Explain clearly with a quantitative example.  Review text readings and YouTube.com video:

Please avoid repetition and interact with colleagues by providing new insights.  Research the topic before posting.  I will post additional questions in my responses.  Review prior posts in the thread.

Here is a YouTube video:

Economic profit vs accounting profit | Microeconomics | Khan Academy 

https://www.youtube.com/watch?v=06j_zPdPWOY&t=274s

 

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