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Glossary   >   E   >   "Economic Profit (or Loss)" Definition            Economic Profit (or Loss) The difference between the revenue received from the sale of an output and the opportunity cost of the inputs used. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Economic Profit (or Loss) - The difference between the revenue received from the sale of an output and the opportunity cost of the inputs used.