Re:The ad-based internet is dying, and it's getting worse in...
by sclarisse on Thursday July 13, 2023 @08:53AM
(#36708373)
The economic profit is literally defined as the accounting-type profits, minus the opportunity costs. When the opportunity cost is large like that you are describing negative economic profit.
With 0 AP, the industry is in equilibrium, with no companies dropping out, and no companies entering the market.