Normal profit: Difference between revisions
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imported>Doug Williamson m (Spacing 21/8/13) |
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''Economics''. | ''Economics''. | ||
The minimum acceptable profit the owners of a company are looking for. | 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. | So when the actual profit is equal to the Normal profit, then Supernormal profit = 0. | ||
== See also == | == See also == | ||
* [[Supernormal profit]] | * [[Supernormal profit]] | ||
Revision as of 15:21, 21 August 2013
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.