IGCSE Revision of Revenues, Profits and Market Structures Flashcards | StudBud

Home Library Explore SAT

Home Library Explore SAT

IGCSE Revision of Revenues, Profits and Market Structures Flashcards | StudBud

IGCSE Revision of Revenues, Profits and Market Structures

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Question

A cost of production that is just sufficient for a firm to keep operating in an industry.

Answer

normal profit

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