Economy, asked by nikitasengar1310, 4 months ago

which market has character of ' super Normal profit ' ?

Answers

Answered by Anonymous

Explanation:

NaCl + H2O + CO2 + NH3 ------- NH4Cl + NaHCO3. ... NaCl is basic salt as it gives NaOH when dissolve in water

Answered by kulsoomnaaz05

Answer:

Equilibrium in perfect competition

Under perfect competition, firms can make super-normal profits or losses. However, in the long run firms are attracted into the industry if the incumbent firms are making supernormal profits. This is because there are no barriers to entry and because there is perfect knowledge.

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