Normal Profit Is

question 231

Multiple Choice

Normal profit is

• A)determined by subtracting implicit costs from total revenue.
• B)determined by subtracting explicit costs from total revenue.
• C)the return to the entrepreneur when economic profits are zero.
• D)the average profitability of an industry over the preceding 10 years.

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Definitions:

Subliminally

In a manner that influences someone's mind without their being aware of it, often used in the context of advertising or messaging.

Screen

A partition or device used to separate, conceal, or protect, but can also refer to a surface on which images are displayed, as in electronic devices.

Words

Words are the fundamental units of language, composed of one or more sounds or symbols, used to communicate meaning, express thoughts, and facilitate human interaction.

Subliminal Audiotapes

Audio recordings with messages embedded in them that are meant to be perceived subconsciously, often used for persuasion or self-improvement purposes.