In the long run under which competition a firm may earn super normal profits ........

Economics- Phase (I & II) Demand and Supply , Market Structures

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In the long run under which competition a firm may earn super normal profits?

Perfect competition

Monopolistic competition

Oligopoly

Monopoly

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Explanation:

Normal profit is a profit metric that takes into consideration both explicit and implicit costs. It may be viewed in conjunction with economic profit. Normal profit occurs when the difference between a company's total revenue and combined explicit and implicit costs are equal to zero