Economy, asked by alley39, 11 months ago

what is normal profit of a producer​

Answers

Answered by Rifat446
2

Answer:

Normal profit is a profit metric that takes into consideration both explicit and implicit costs. It may be viewed in conjunction with economic profit. Normal profit occurs when the difference between a company's total revenue and combined explicit and implicit costs are equal to zero

Answered by Yumraj
0

Answer:means zero

Explanation:

Normal profit is a profit metric that takes into consideration both explicit and implicit costs. It may be viewed in conjunction with economic profit. Normal profit occurs when the difference between a company's total revenue and combined explicit and implicit costs are equal to zero

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