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Tags
#2015 #book-2 #cfa #cfa-level-1 #economics #schweser
Question
Normal profit is the [...] profit that the firm must earn to just cover implicit opportunity costs.
Answer
accounting

Tags
#2015 #book-2 #cfa #cfa-level-1 #economics #schweser
Question
Normal profit is the [...] profit that the firm must earn to just cover implicit opportunity costs.
Answer
?

Tags
#2015 #book-2 #cfa #cfa-level-1 #economics #schweser
Question
Normal profit is the [...] profit that the firm must earn to just cover implicit opportunity costs.
Answer
accounting
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Normal profit is the accounting profit that the firm must earn to just cover implicit opportunity costs.

Original toplevel document (pdf)

owner: iamcfa - (no access) - 2015 CFA Level 1 Study Schweser Book 2 - Economics, p62

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