Multiple Choice
In economics, a 'normal profit' is the return to
A) land.
B) entrepreneurship.
C) labour.
D) capital.
E) Answers B and D are correct.
Correct Answer:

Verified
Correct Answer:
Verified
Q91: Chuck owns a factory that produces leather
Q92: The change in cost that results from
Q93: _ cost is defined as a cost
Q94: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -Anna owns a
Q95: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -In the above
Q97: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -The vertical distance
Q98: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -The U-shaped average
Q99: Bill is an economics lecturer who earns
Q100: Total cost is equal to the sum
Q101: The long-run average cost curve<br>A) always falls