Economy, asked by vnair9639, 1 month ago

super normal profit is feacher of which markets

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Answered by Anonymous
5

Answer:

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˙❥˙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.✧*。

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