What do uhh mean by abnormal profit
Shristi u r so qte n luvly yrr.....♥♥♥
Share
What do uhh mean by abnormal profit
Shristi u r so qte n luvly yrr.....♥♥♥
Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
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 (market equilibrium) return to capital." Normal profit (return) in turn is defined as opportunity cost of the owner's resources.