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The excess profit made by a firm in a competitive market situation in the short-term is ...
Classroom
Economics Classroom
Neco
Neco 2004
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The excess profit made by a firm in a competitive market situation in the short-term is known as ____________
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Break even
B
Marginal profit
C
Net profit
D
Normal profit
E
Super normal profit
Show Answer
Show Explanation
Correct Answer:
Option E
Explanation:
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