Profit (Microeconomics) Calculator

LAST UPDATE: September 24th, 2020

Profit (from total) Calculator

Profit (from average) Calculator

Definition – What is profit?

Profit is the money that a firm makes. It is calculated as revenue minus expenses.

Profit (from total) Formula

Profit = Total Revenue – Total Costs

Profit (from average) Formula

Profit = (Average Revenue – Average Costs) x Quantity

Sources and more resources