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A normal profit is (Multiple Choice Question)

Loraine

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9 years ago

A normal profit is (Multiple Choice Question)

A normal profit is
A) part of a firm's opportunity cost.
B) equal to total revenue minus total opportunity cost.
C) the same as economic profit.
D) the same as accounting profit.
E) almost always zero if the company is run efficiently.

Textbook

Essential Foundations of Economics

Edition: 7^th

Authors: Bade, Parkin

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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.

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Chimelo46

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#1

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Zipco's economic profit is equal to its

Chimelo46

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8 years ago

It was nothing, thanks for updating us.

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