menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics-Microeconomics
  4. Exam
    Exam 12: Perfect Competition
  5. Question
    The Return That the Entrepreneur Can Obtain in the Best
Solved

The Return That the Entrepreneur Can Obtain in the Best

Question 384

Question 384

Multiple Choice

The return that the entrepreneur can obtain in the best alternative business is called the


A) normal profit.
B) economic profit.
C) marginal profit.
D) marginal revenue.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q379: Which of the following is NOT an

Q380: A perfectly competitive firm initially is earning

Q381: If perfectly competitive firms exit a market,

Q382: The supply curve for a perfectly competitive

Q383: A perfectly competitive firm that is producing

Q385: What role does economic profit play in

Q386: For a perfectly competitive firm, no matter

Q387: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -Acme is a

Q388: In perfect competition, the marginal revenue of

Q389: In a perfectly competitive market, which of

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines