Title
Document Type
Article
Publication Date
November 2012
Publication Title
The Freeman
Volume
62
Issue Number
9
First Page
33
Abstract
Basically, profit is revenue minus costs. It sounds simple, but the concepts of “revenue” and “cost” are complex when we examine them closely.
Recommended Citation
Fred Foldvary. "What Is Profit?" The Freeman (2012): 33.
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Comments
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This article was originally published in The Freeman Vol. 62, Iss. 9 by the Foundation for Economic Education on November 2012. The article is also available online at this link.