Economy, asked by vnair9639, 3 months ago

super normal profit is feacher of which markets

Answers

Answered by Anonymous
5

Answer:

_______________❤️_____________

˙❥˙๑ In economics, abnormal profit, also called excess profit, supernormal profit or pure profit, is "profit of a firm over and above what provides its owners with a normal (market equilibrium) return to capital." Normal profit (return) in turn is defined as opportunity cost of the owner's resource.✧*。

_______________❤️______________

Similar questions