Multiple Choice
The average return for supplying entrepreneurial ability is the entrepreneur's
A) accounting profit.
B) normal profit.
C) explicit profit.
D) economic profit.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q375: Which of the following is NOT a
Q376: Which of the following are characteristics of
Q377: The four-firm concentration ratio is the percentage
Q378: Which market type has characteristics as follows:
Q379: What is economic profit?
Q380: What is the Herfindahl-Hirschman Index and what
Q381: In monopolistic competition, there are<br>A) many firms
Q382: The difference between the market price of
Q384: The four-firm concentration ratio measures<br>A) profitability.<br>B) economic
Q385: It was more than a century ago