A normal profit is A. The same as an economic profit. B. The same as the accountant’s bottom line. C. An explicit or out-of-pocket cost. D. A cost of resources from an economic perspective.相关知识点: 试题来源: 解析 D 略
A normal profit isA. The same as an economic profit. B. The same as the accountant’s bottom line. C. An explicit or out-of-pocket cost. D. A cost of resources from an economic perspective. 正确答案:D 分享到: 答案解析: Answer (D) is correct . Normal profit is the level of ...
A is correct. Normal profit is the level of accounting profit such that implicit opportunity costs are just covered;thus, it is equal to a level of accounting profit such that economic profit is zero.【释义】正常利润(Normal profit)是指经济利润为零时的会计利润。会计利润刚好等于隐性机会成本。反...
Normal profit is the minimum return required to satisfy shareholders. Managers view this return as an implicit cost that needs to be covered to keep shareholders from pulling their investment. A firm that earns zero economic profit, which includes the market value of all resources used in the pr...
If the revenue received from the sale of output is more than the explicit and implicit costs, we term the result as 'economic profit'. Answer and Explanation: Normal profit: The position in a company's financial accounting where it's total revenue matches with its total costs. ...
Profit:A firm's profit is equal to its total revenue (the price times the quantity) minus the total cost of production.Answer and Explanation: In economics, normal profits are when the total revenue is equal to the total economic cost of production, where the economic cost also inclu...
A. Short-Run super normal profits B. Long run price and output equilibrium with monopolistic competition In the long run, normal profits are made; average and marginal revenue is affected by the entry of newproducts into the market 10. Oligopoly-the kinked demand curve model ...
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2.A firmearns supernormal profit when its profit is A above that earned by competing firms. B above that needed to cover its fixed costs. C above that needed to keep the firm in production in the short run. D above that required to keep its resources in their present use in the long...