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What are the sources of economic profits for a company or an industry?
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What are the sources of economic profits for a company or an industry?

User Jason Warner
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This can be seen by noting three reasons for economic profit: (1) market control, (2) risk, and (3) innovation. Market Control: One of the most common reasons for economic profit is market control by a firm. A firm has market control if it can exert some degree of influence, or control, over the market price.

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User Mark Horvath
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