Flashcard sets with a 'normal profit' term meaning 'the amount necessary for the firm to be willing to keep the resources deployed in the firm, it is also where the firm's economic profit equals zero'

SEARCH

See other definitions of term:normal profit

1-1 of 1Flashcard sets with a 'normal profit' term meaning 'the amount necessary for the firm to be willing to keep the resources deployed in the firm, it is also where the firm's economic profit equals zero'
# Title Terms Date
1Costs of Productionby guamdre23 termsJune 7, 2009
Get rid of ads on Quizlet
Groups 0Definitions 0

No groups found.

No definitions found.