The excess profit made by a firm in a competitive market ...
The excess profit made by a firm in a competitive market situation in the short-term is known as
Break even
Marginal profit
Net profit
Normal profit
Super normal profit
Correct answer is E
No explanation has been provided for this answer.
Disposable income in national income accounting is an income which ...
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The assumptions of the principles of comparative cost advantage is based on I. Absence of Trade R...
In which of the following economics system is the consumer referred to as ‘The King’? ...
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Which of the following statements does NOT describe a situation of perfect competition? ...