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Revenue, Costs and Profit Part 3

This video is part 3 in a 3 part series on revenue, costs and profit. This video introduces how profit is calculated and explains the difference between accounting profit and economic profit. For more information and a complete set of microeconomics videos, see http://www.economistsdoitwithmodels.com/microeconomics-101 by Economists Do It With Models
Length: 04:47

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