Free Enterprise In Three Minutes Podcast With Ray Keating
Episode #29: What Are Economic Costs and Profits?
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:03:08
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Sinopsis
Ray Keating explains the difference between what people usually think of when it comes to “costs” and “profits,” and what economists mean when they talk about “economic costs” and “economic profits.” They key is opportunity costs.