Examlex
Regulatory changes can foster innovation.
Economic Profit
The surplus remaining when total revenue is greater than total costs, including both explicit and implicit costs.
Market Price
The price at which a good or service is offered for sale in the open market.
Market Price
The market price at which you can currently buy or sell a service or asset in a specified market.
Negative Economic Profit
A situation where a firm's total revenue is less than its total costs, including opportunity costs.
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