Iranâs total non-oil exports topped $37 billion in total over the past 11 months, a 15 percent rise over the previous year, when sanctions were at their most stringent level. This included more than $550 million in trade with the United States, according to Iranian officials.
Wiktionary (2.00 / 1 vote) Rate this definition: profit (Noun) Total income or cash flow minus expenditures. The money or other benefit a non-governmental organization or individual receives in exchange for products and services sold at an advertised price. profit (Noun) Benefit, positive result obtained.
232 Chapter Nine â¢ Profit Maximization in Perfectly Competitive Markets â¢ Total proï¬t () is the difference between total revenue and total cost. At low and highrates of output, proï¬t is negative; that is, the ï¬rm would suffer losses.32 Chapter Nine â¢ Profit Maximization in Perfectly Competitive Markets â¢ Total proï¬t () is the difference between total revenue and total cost. At low and highrates of output, proï¬t is negative; that is, the ï¬rm would suffer losses.