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Tags
#2015 #book-2 #cfa #cfa-level-1 #economics #schweser
Question
an economic profit of zero is what we expect in equilibrium . That's why economic profits are called [...] profits.
Answer
abnormal

Tags
#2015 #book-2 #cfa #cfa-level-1 #economics #schweser
Question
an economic profit of zero is what we expect in equilibrium . That's why economic profits are called [...] profits.
Answer
?

Tags
#2015 #book-2 #cfa #cfa-level-1 #economics #schweser
Question
an economic profit of zero is what we expect in equilibrium . That's why economic profits are called [...] profits.
Answer
abnormal
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an economic profit of zero is what we expect in equilibrium . That's why economic profits are called abnormal profits.

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owner: iamcfa - (no access) - 2015 CFA Level 1 Study Schweser Book 2 - Economics, p63

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