Flashcard sets with a 'normal profit' term meaning 'opportunity cost of owners' entrepreneuship expertise. it represents what owners could have earned if they used their organizational decision-making and other entrepreeurial skills is another activity such as running another business.'

SEARCH

See other definitions of term:normal profit

1-1 of 1Flashcard sets with a 'normal profit' term meaning 'opportunity cost of owners' entrepreneuship expertise. it represents what owners could have earned if they used their organizational decision-making and other entrepreeurial skills is another activity such as running another business.'
# Title Terms Date
1CFA Level One Economicsby McNamaraKateL78 termsSeptember 21, 2009
Get rid of ads on Quizlet
Groups 0Definitions 0

No groups found.

No definitions found.