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Economics (AS & A Level) · May / June 2022 · Paper 32 · Question 16

9708Labour market forces and government intervention

What represents the transfer earnings of the factor enterprise?

  1. Aexcess profit
  2. Bnormal profit
  3. Creturn on capital
  4. Dstart-up costs

As printed in the paper

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Correct answer: B. normal profit

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