Profit Hospice

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Abnormal profit - Supernormal Profit, also referred to as abnormal profit or pure profit, is an economic term of profit exceeding the normal profit. Normal profit equals the opportunity cost of labour and capital, while supernormal profit is the amount exceeds the normal return from these input factors in production.

Subnormal profit - Subnormal profit, an economic term of profit, occurs when profit fails to meet the level of normal profit.

Profit (real estate) - A profit, in the law of real estate, is a nonpossessory interest in land similar to the better-known easement, which gives the holder the right to take natural resources such as petroleum, minerals, timber, and wild game from the land of another. Indeed, because of the necessity of allowing access to the land so that resources may be gathered, every profit contains an implied easement for the owner of the profit to enter the other party's land for the purpose of collecting the resources permitted by the profit.

Monopoly profit - In economics, a firm is said to reap monopoly profits when a lack of viable market competition allows it to set its prices above the equilibrium price for a good or service without losing profits to competitors. Monopoly profit is a type of economic profit, that is, it is a profit greater than the normal profit that is typical in a perfectly competitive industry.

Suggested Web Sites

Southwest Christian Hospice - The mission of the hospice is 'a non-profit ministry providing quality hospice health care at no cost to patients or their families'. (Union City)

Hospice of the Comforter - Hospice of the Comforter is the only non-profit hospice serving Orange, Seminole and Osceola counties in Florida.

American Hospice Management - Serving hospital-based, nursing home-based and community-based hospices. AHM has provided service to both investor-owned and not-for-profit hospice organizations.

Source: BazSites.com

Web Links

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