what is super normal Profit
Answers
Answered by
0
Answer:
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 return to capital." Normal profit in turn is defined as opportunity cost of the owner's resources.
Explanation:
If answer is Correct mark me as brainliest.
Answered by
0
Answer:
Supernormal profit is defined as extra profit above that level of normal profit. Supernormal profit is also known as abnormal profit.
Explanation:
Similar questions