Economic Profit Calculator

Enter the average revenue, average cost, and total quantity into the calculator. The calculator will determine the total economic profit of the good or service.

Economic Profit Formula

The following equation can be used to calculate the total economic profit earned from a good or service.

EP = (R – C) x Q

  • Where EP is the economic profit
  • R is the average revenue
  • C is the average cost
  • Q is the total quantity sold

What is economic profit?

Economic profit is the difference between the revenue from the sale of a good or service and the associated costs. Those associated costs include things like opportunity cost.

economic profit calculator

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