Question Description
What is normal profit in a competitive market?a)Profit above the break-even point.b)Total revenue exceeding total cost.c)A profit that sustains a business in competition.d)A loss incurred by a business.Correct answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is normal profit in a competitive market?a)Profit above the break-even point.b)Total revenue exceeding total cost.c)A profit that sustains a business in competition.d)A loss incurred by a business.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is normal profit in a competitive market?a)Profit above the break-even point.b)Total revenue exceeding total cost.c)A profit that sustains a business in competition.d)A loss incurred by a business.Correct answer is option 'C'. Can you explain this answer?.

Solutions for What is normal profit in a competitive market?a)Profit above the break-even point.b)Total revenue exceeding total cost.c)A profit that sustains a business in competition.d)A loss incurred by a business.Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for B Com. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free.

Here you can find the meaning of What is normal profit in a competitive market?a)Profit above the break-even point.b)Total revenue exceeding total cost.c)A profit that sustains a business in competition.d)A loss incurred by a business.Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of What is normal profit in a competitive market?a)Profit above the break-even point.b)Total revenue exceeding total cost.c)A profit that sustains a business in competition.d)A loss incurred by a business.Correct answer is option 'C'. Can you explain this answer?, a detailed solution for What is normal profit in a competitive market?a)Profit above the break-even point.b)Total revenue exceeding total cost.c)A profit that sustains a business in competition.d)A loss incurred by a business.Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of What is normal profit in a competitive market?a)Profit above the break-even point.b)Total revenue exceeding total cost.c)A profit that sustains a business in competition.d)A loss incurred by a business.Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice What is normal profit in a competitive market?a)Profit above the break-even point.b)Total revenue exceeding total cost.c)A profit that sustains a business in competition.d)A loss incurred by a business.Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice B Com tests.