Home >

What Is Normal Profit?

2010/6/12 17:57:00 22

Normal Profit

Normal profit: the price of entrepreneur's ability, and the income from this factor of production.

It is included in the cost.

  • Related reading

What Is Economic Profit?

Financial Dictionary
|
2010/6/12 17:55:00
14

What Is Opportunity Cost?

Financial Dictionary
|
2010/6/12 17:55:00
27

What Is Marginal Production (MP)?

Financial Dictionary
|
2010/6/12 17:54:00
29

什么是平均产量?

Financial Dictionary
|
2010/6/12 17:51:00
9

What Is Total Output?

Financial Dictionary
|
2010/6/11 22:35:00
18
Read the next article

What Is Short-Term Cost?

Short term cost refers to the expenditure of manufacturers in the short run.