subnormal profit definition
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subnormal profit definition

But in the wake of the global financial crisis, the risks of monetary and fiscal policy have been highlighted and central Banks have been given additional responsibilities. Deciding whether or not to rescue a particular financial institution, whether it guarantees system stability or other reasons, has obvious consequences for individual investors. The theory of modern political economy in China holds that the profit under the socialist system is the form of the value of the surplus products created by the workers for the society. The value composition of the product is c+v+m,c+v is converted into production cost, and the m is part of the surplus product created by the laborer for the society, which translates into profit for the enterprise. The specific form of socialist profit is: to realize profit, that is, the balance of the sales revenue of the enterprise minus the expenses of various expenses; To pay the profits in accordance with the provisions to the national financial department; After tax profit, that is, the profit of the enterprise shall be returned to the enterprise in accordance with the state provisions. It is not obvious in some analyses, but it is important to note that economic profits include opportunity costs. The profit of an entrepreneur (normal profit) is usually positive, but economic profit can be either positive or negative (loss). That's why the opportunity cost is included: in a completely competitive market, when marginal cost equals marginal revenue, profit maximization or loss minimization conditions arise. If the market price is lower than the total average cost, which means that the economic profit is negative, the entrepreneur needs to compare the value of the loss and the average variable cost. If the business continues to operate, the negative economic profit must not be lower than the average variable cost, otherwise the entrepreneur would rather shut down the company than continue to take the loss. However, smaller, yet unestablished, Banks are still keen to attract new businesses, such as the recent announcement of Atom Bank, a multi-million dollar mobile provider for investors. At the same time, the company also announced that it will acquire 450,000 tons/year calcium chloride unit and 49,000 tons/year calcium chloride plant of the giant chemical group of China, with 6402, 53.1 million yuan. Xinlian chemical and plasticizing plant realized the revenue of 3251, 86.30 million yuan respectively in January and November of 2017, achieving a net profit of 97 yuan, -3.27 million yuan. The acquisition can improve the self-balancing ability of hydrogen chloride and hydrochloric acid in the company, and it is expected to guarantee the operation stability of the industrial chain after the completion of the acquisition. The enterprise culture is the soul of the enterprise, which is the inexhaustible driving force for the development of the enterprise. It contains very rich content, and its core is the spirit and values of the enterprise. The values here are not the cultural phenomena in enterprise management, but the values held by employees in enterprises or enterprises in the production and operation of commodities. But in the wake of the global financial crisis, the risks of monetary and fiscal policy have been highlighted and central Banks have been given additional responsibilities. Deciding whether or not to rescue a particular financial institution, whether it guarantees system stability or other reasons, has obvious consequences for individual investors.