Herconomics

Profit?

August 10, 2021 Cat Hercules
Profit?
Herconomics
More Info
Herconomics
Profit?
Aug 10, 2021
Cat Hercules

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!!!

Show Notes

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!!!