Normal profit

From ACT Wiki
Revision as of 17:41, 16 December 2021 by imported>Doug Williamson (Classify page.)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to search

Economics.

The minimum acceptable profit the owners of a company are looking for.

So when the actual profit is equal to the Normal profit, then Supernormal profit = 0.


See also