expand icon
book Microeconomics 14th Edition by James Gwartney ,Richard Stroup,Russell Sobel ,David Macpherson cover

Microeconomics 14th Edition by James Gwartney ,Richard Stroup,Russell Sobel ,David Macpherson

Edition 14ISBN: 978-1305506893
book Microeconomics 14th Edition by James Gwartney ,Richard Stroup,Russell Sobel ,David Macpherson cover

Microeconomics 14th Edition by James Gwartney ,Richard Stroup,Russell Sobel ,David Macpherson

Edition 14ISBN: 978-1305506893
Exercise 16
Why do economists consider normal returns to capital to be a cost? How does economic profit differ from normal profit?
Explanation
Verified
like image
like image

Economist consider normal rate of return...

close menu
Microeconomics 14th Edition by James Gwartney ,Richard Stroup,Russell Sobel ,David Macpherson
cross icon