zero profit

Definition

Economics

• A situation in which profit in an industry is zero, usually as a result of free entry and exit. It may, if firms are not identical, refer only to the marginal firm. And it always means zero excess profit, not that all returns to capital invested in the industry are zero.

Nearby Definitions of “zero profit”

• zero-based budgeting
• zero beat
• zero gravity experiments
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• zest
• zhooshed

Contexts for “zero profit”

1 definition in context
• Economics