Question
Normal profit and abnormal profit.
Answer :
Word Count : 103
| Basis of Comparison | Normal Profit | Abnormal Profit |
|---|---|---|
| Meaning | Minimum profit required to keep a firm in business. | Profit earned over and above the normal profit. |
| Economic Profit | Zero | Positive |
| Indication | Firm is covering all costs ________ ___ _________ ___ __________ _____ _____ _____ ____ ______ ______ _______. ____ ___ __________ ___ ____ ____ ____ ______ _______ ______ ______. ___ ____ _________ ________ ___ _______ _______ _____ _______ __________ ________ ____. ________ _____ ____ ______ _______ ______ ___ __________ ____. ________ ____ ______ _____ __________ ______ ___ _____. ________ _____ ___ ____ ____ _____ _______ __________ ___ ________. ______ __________ __________ ___ ____. __________ _________ __________ ______ ______. ________ ______ ______ _________ _____ __________. Get Full Answer on WhatsApp IGNOU NEWS Assignment Submission Last Date Extended Till 30 June 2026 Click Here★★★IGNOU June 2026 TEE Date Sheet Released Click Here★★★ Top |