How are economic profits best defined?

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The gap between total income and overall expenses.Returns exceeding the usual opportunity cost of capital.The total opportunity costs associated with all resources used.A profit level just enough to satisfy owners and investors.

Explanation

Economic profit refers to earnings that surpass the normal opportunity cost of investing, meaning it is any return greater than what investors could earn elsewhere. Option A describes accounting profit, option C relates to opportunity costs of inputs, and option D defines normal profit.