According to the Marxist theory superprofit is the surplus profit above average profit. The economic literature describes it as a surplus profit that was gained above capital gains in a perfect competition. It's nature is temporary since it is the result of special circumstances. Others think that the term is nonsensical since a capitalist always pursues as much profit as possible.
Read furtherTags:
Be the first to comment!The word embargo came from the Spanish embargar which means to stop, prevent or hold back. In international relations it is a detrimental and special (not applied in normal trading practice) measure that has an intentionally punitive characteristic.
Read furtherTags: olls, taxes, special, tools, monetary, government, investor, loan, finance
Be the first to comment!