Zero economic profit means that the owner of a firm earns a(n) ______ [12.2.3 Low Barriers to Entry Mean Zero Long-Run Economic Profit] for the opportunity cost of the time and capital investment.
A. No return
B. Above-normal return
C. Normal return
D. Below-normal return

Question

16-06-2024
Business

Answered

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Zero economic profit means that the owner of a firm earns a(n) ______ [12.2.3 Low Barriers to Entry Mean Zero Long-Run Economic Profit] for the opportunity cost of the time and capital investment.
A. No return
B. Above-normal return
C. Normal return
D. Below-normal return

Sagot :

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