The average return for supplying entrepreneurial ability is the entrepreneur's
A) accounting profit.
B) normal profit.
C) explicit profit.
D) economic profit.
Correct Answer:
Verified
Q23: Sue owns a baking company. The company's
Q24: Economic profit is the difference between total
Q25: A normal profit for a self-employed entrepreneur
Q26: Ed is a freelance writer who could
Q27: Lucinda starts a business consulting company. She
Q29: If economic profit is equal to zero,
Q30: Suppose Pippi buys an oven for her
Q31: Heidi quit her job as a chef
Q32: Economic profit is
A) equal to the firm's
Q33: Flora's Flower Shop bought a new van
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