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Normal Profit Is the ________

Question 46

Multiple Choice

Normal profit is the ________.Normal profit ________ part of a firm's opportunity cost because ________.


A) return that an entrepreneur can expect to receive on the average;is;it is the cost of a foregone alternative, which is running another firm
B) profit used by the Canada Revenue Agency to calculate tax owing;is;part of it must be paid to the government and is no longer available to the entrepreneur
C) profit used by the Canada Revenue Agency to calculate tax owing;is;it is paid in cash
D) return that an entrepreneur can expect to receive on the average;is not;it is not paid in cash
E) profit used by the Canada Revenue Agency to calculate tax owing;is;it includes depreciation

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