Changes

==Etymology==

==Etymology==

[https://nordan.daynal.org/wiki/index.php?title=English#ca._1100-1500_.09THE_MIDDLE_ENGLISH_PERIOD Middle English], from Anglo-French, from [[Latin]] profectus advance, profit, from proficere

[https://nordan.daynal.org/wiki/index.php?title=English#ca._1100-1500_.09THE_MIDDLE_ENGLISH_PERIOD Middle English], from Anglo-French, from [[Latin]] profectus advance, profit, from proficere

*Date: [http://en.wikipedia.org/wiki/14th_Century 14th century]

*Date: [https://en.wikipedia.org/wiki/14th_Century 14th century]

==Definitions==

==Definitions==

*1 : a valuable return : gain

*1 : a valuable return : gain

==Description==

==Description==

In [http://en.wikipedia.org/wiki/Neoclassical_economics neoclassical economics], economic '''profit''', or profit, is the [[difference]] between a firm's total revenue and its opportunity costs. In [http://en.wikipedia.org/wiki/Classical_economics classical economics] profit is the return to the employer of capital stock (machinery, factory, a plow) in any productive pursuit involving [[Work|labor]]. These two definitions are actually the same. In both instances economic profit is the return to an [http://en.wikipedia.org/wiki/Entrepreneur entrepreneur] or a group of entrepreneurs. Economic profit is thus contrasted with economic [http://en.wikipedia.org/wiki/Interest interest] which is the return to an owner of capital stock or [[money]] or bonds. In finance or accounting, profit is the increase in monetary [[wealth]] that an investor realizes from making an investment, taking into consideration all costs [[associated]] with that investment including the opportunity cost associated with other monetary investments.[http://en.wikipedia.org/wiki/Profit_(economics)]

In [https://en.wikipedia.org/wiki/Neoclassical_economics neoclassical economics], economic '''profit''', or profit, is the [[difference]] between a firm's total revenue and its opportunity costs. In [https://en.wikipedia.org/wiki/Classical_economics classical economics] profit is the return to the employer of capital stock (machinery, factory, a plow) in any productive pursuit involving [[Work|labor]]. These two definitions are actually the same. In both instances economic profit is the return to an [https://en.wikipedia.org/wiki/Entrepreneur entrepreneur] or a group of entrepreneurs. Economic profit is thus contrasted with economic [https://en.wikipedia.org/wiki/Interest interest] which is the return to an owner of capital stock or [[money]] or bonds. In finance or accounting, profit is the increase in monetary [[wealth]] that an investor realizes from making an investment, taking into consideration all costs [[associated]] with that investment including the opportunity cost associated with other monetary investments.[https://en.wikipedia.org/wiki/Profit_(economics)]

[[Category: Economics]]

[[Category: Economics]]