Economic Profit Calculator

Profit above opportunity cost.

Economic profit ($) 20,000

Step-by-step with your numbers:

1. Values used:

2. Total revenue = 200,000 $

3. Explicit costs = 150,000 $

4. Implicit / opportunity costs = 30,000 $

5. Economic profit = 20,000$

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Economic profit accounts for opportunity costs.

FAQ

Zero economic profit?

Means you're earning exactly your next-best option.