Examlex
_____ measures, such as financial performance and corporate image, can take time to become apparent.
Economic Profit
The profit or loss calculated by taking the total revenue of a firm and subtracting all its costs, both direct and indirect.
Market Power
The ability of a firm or group of firms to control prices and total market output, often as a result of monopoly or oligopoly market structures.
Average Total Cost
The total cost of production divided by the quantity of output produced.
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