Supernormal profit refers to / » Micro economics 2 solved MCQs / By admin Question: Supernormal profit refers to A. High proportion of net profit B. Minimum necessary profit to induce an entrepreneur to remain in business C. Unexpectedly high Profit D. Residual surplus Answer» a. High proportion of net profit Note: The above multiple-choice question is for all general and Competitive Exams in India.
