📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    The point on the supply curve at which a firm earns only

    normal profit is called the ________.
    A exit point Correct Answer Incorrect Answer
    B break-even point Correct Answer Incorrect Answer
    C break-through point Correct Answer Incorrect Answer
    D income point Correct Answer Incorrect Answer

    Solution

    The point on the supply curve at which an enterprise earns only normal profit is known as the break-even point of the enterprise.

    Practice Next
    More Previous Year Paper Questions

    Relevant for Exams:

    ask-question