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:

Discharge

In legal terms, it refers to the release from obligation, such as debts, responsibilities, or duties.

U.S. Attorney

Officials responsible for prosecuting violations of federal law and representing the United States government in court.

Reorganization Plan

A process in bankruptcy proceedings where a company restructures its business operations, debts, and assets to allow it to continue its operations.

Feasible

A term that denotes something that is practical, possible, and capable of being accomplished.