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Normal and Abnormal Profit

Level:
A-Level, IB Diploma
Board:
AQA, Edexcel, Eduqas, IB, OCR, WJEC

Last updated 21 Apr 2019

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It is important to make a distinction between different types of profit, This short revision video looks at the difference between normal profit and abnormal profit (also known as economic and supernormal profit)

Normal and Abnormal Profit
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