A normal profit is the minimum return earned by a firm that is necessary to attract and secure the owners' inputs.

Name: A normal profit is the minimum return earned by a firm that is necessary to attract and secure the owners' inputs.
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Normal profit is the minimum level of profit needed for a company to remain competitive in the market, covering opportunity costs and ensuring that resources are not better utilized elsewhere.

A Normal Profit Is the Minimum Return Earned by a Firm