Herconomics artwork

Profit?

Herconomics

English - August 10, 2021 04:00 - 7 minutes - 5.41 MB - ★★★★★ - 1 rating
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Previous Episode: Elasticity?
Next Episode: Supply and Demand?

Hello everyone! Thanks for bearing with me and waiting the extra week for the new episode. I was still receiving a bunch of feedback from my first episode. This week we're talking about implicit and explicit costs, a little bit of opportunity cost, and the difference between accounting and economic profit (and why that difference is super important). Next week it's supply and demand, so let me know if you have any questions, especially as a follow up from the elasticity episode. 

Also, here is the link to create your own Buzzsprout account.
https://www.buzzsprout.com/?referrer_id=1788103
I love Buzzsprout and use the cheapest paid plan. It's only $12 a month. 

See ya next week!!!