πŸ“Š Fundamentals of Economics
Q. In the long run, a firm in perfect competition earns _____________
  • (A) normal profit only
  • (B) abnormal profit
  • (C) average profit of past 5 years
  • (D) 12.33 per cent profit on capital employed
πŸ’¬ Discuss
βœ… Correct Answer: (A) normal profit only

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