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book Microeconomics 13th Edition by Russell Sobel, David Macpherson, Richard Stroup, James Gwartney cover

Microeconomics 13th Edition by Russell Sobel, David Macpherson, Richard Stroup, James Gwartney

Edition 13ISBN: 978-0538452281
book Microeconomics 13th Edition by Russell Sobel, David Macpherson, Richard Stroup, James Gwartney cover

Microeconomics 13th Edition by Russell Sobel, David Macpherson, Richard Stroup, James Gwartney

Edition 13ISBN: 978-0538452281
Exercise 13
Why do economists consider normal returns to capital to be a cost? How does economic profit differ from normal profit?
Explanation
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Economist consider normal rate of return...

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Microeconomics 13th Edition by Russell Sobel, David Macpherson, Richard Stroup, James Gwartney
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