The Return That the Entrepreneur Can Obtain in the Best

question 384

Multiple Choice

The return that the entrepreneur can obtain in the best alternative business is called the

• A) normal profit.
• B) economic profit.
• C) marginal profit.
• D) marginal revenue.

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Definitions:

African

Relating to the continent of Africa, its peoples, cultures, or languages.

Social Influence

The effect that others have on an individual's beliefs, feelings, or behaviors, often leading to changes in attitudes or actions.

Conformity

The act of matching attitudes, beliefs, and behaviors to group norms, policies, or societal expectations.

Sedated

Calmed or made less agitated using sedative substances, often medically prescribed.