Multiple Choice
Normal profit
A) is when economic profits are zero.
B) is the profit that competition will allow.
C) is the opportunity cost of capital.
D) all of these choices.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q30: Normal profit and the cost of capital
Q31: Exit from a market will stop when<br>A)accounting
Q32: With free entry<br>A)economic profits are possible over
Q33: Disney earned a negative economic profit in
Q34: Economic profit equals<br>A)net operating profit after taxes
Q36: A decrease in costs may not increase
Q37: If the return on capital is less
Q38: The speed at which abnormal net income
Q39: Economic profits disappear quickly when a market
Q40: Stock prices change when.<br>A)expectations are based on