Why Is Normal Profit the Minimum Amount That an Entrepreneur

question 7

Essay

Why is normal profit the minimum amount that an entrepreneur must earn in order to keep the business operating?

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Definitions:

Trans

A term used to describe individuals whose gender identity differs from the sex they were assigned at birth.

Cisgender

A term for individuals whose gender identity matches the sex they were assigned at birth.

Biological Sex

The classification of organisms, typically as male or female, based on their reproductive organs and functions derived from chromosomal complement.

Gender Dysphoria

Psychological distress experienced by someone whose gender identity differs from their sex assigned at birth.