The return that an entrepreneur can expect to earn, on average, is called
A) profit.
B) normal profit.
C) economic profit.
D) accounting profit.

Name: The return that an entrepreneur can expect to earn, on average, is called A) profit. B) normal profit. C) economic profit. D) accounting profit.
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Question

Quizplus · Accepted Answer

Normal profit is the average return an entrepreneur can expect to earn, covering opportunity costs and ensuring the business is sustainable without earning excess profits.

The Return That an Entrepreneur Can Expect to Earn, on Average