By "normal profits" is meant
| A. | The surplus profit made by the least efficient firms |
| B. | The payment made to the marginal entrepreneur for his abilities |
| C. | The profit made by the marginal entrepreneur in a normal year |
| D. | The payment needed to keep an entrepreneur in an industry |
Answer : D Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |
