{"page":"\n\n
\n
\n
\n
\n
\n\nVideo\n
\n

\nTypes of Profit- Old Version\n

\n
\n
\nGet Free Access for 10 Days!\n
\n
\n
\n
\n
\n
×
\n\n\n
\n\nPublisher:\n\nACDC Leadership\n\n\n
\n
\nIn this video I explains the difference between explicit costs and implicit costs and the idea of economic profit. By the way, it's a joke. Economists and accountants don't really hate each other. It is a running gag between disciplines....\nIn this video I explains the difference between explicit costs and implicit costs and the idea of economic profit. By the way, it's a joke. Economists and accountants don't really hate each other. It is a running gag between disciplines. I personally love my accountant :)\n
\n
\n\n
\n
\n
\n
\n

Resource Details

\n
\n
\n
\n
Curator Rating
\n
\n
\n
\n
\n
\n
Educator Rating
Not yet Rated
\n
\n
\n
\n
\n
Media Length
\n
3:39
\n
\n
\n
\n
\n
Grade
12th - Higher Ed
\n
\n
\n
\n
\n
Subjects
Social Studies & History
1 more...
\n
\n
\n
\n
\n
Media Type
Instructional Videos
\n
\n
\n
\n
\n
Source:
\n
\nACDC Leadership\n\n
\n
\n
\n
\n
\n
Date
\n
2014
\n
\n
\n
\n
\n\n
Language
English
\n
\n
\n
\n
\n
Audiences
For Teacher Use
2 more...
\n
\n
\n
\n
\n
Usage Permissions
Fine Print: Educational Use
\n
\n
\n
\n
\n
\n

Additional Materials

\n
\n\nSign in or Join Now
\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" href=\"/subscription/new\">Video Transcript\n
\n
\n\nSign in or Join Now
\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" href=\"/subscription/new\">Video Preview\n
\n
\n
\n

Concepts

\n
\n
economics, profit, revenue, accounting, cost, money, business, hate, workers
\n
\n\n\n
\n
\n
\n
\n

Additional Tags

\n
\n
explicit, implicit, costs, taco shop, implicit costs, revenue coming, total revenue, bad thing, economic profit, normal profit, pocket cost, explicit costs, revenue minus, thing, minus, calculate, opening, firms, accountant, make, 20 million, kind, accountants
\n
\n\n\n
\n
\n
\n
\n

Classroom Considerations

\n
Best For: Explaining a topic
Video is ad-free
\n
\n
\n

Educator Ratings

\n
\n
\n
\n
\n
\n\nShow resource details\n
\n
\n\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" aria-label=\"Play video: Types of Profit- Old Version\" href=\"/subscription/new\">\"Types\n\n
\n
\n
\n\n\n\n"}