28. At normal profit the firm * (1 Point) is able to cover all the costs...

 

Transcribed Image Text:

28. At normal profit the firm * (1 Point) is able to cover all the costs of production is unable to cover all the costs of production is able to cover half the costs of production There is no relationship between normal profit and the costs of production Jhy 28. At normal profit the firm * (1 Point) is able to cover all the costs of production is unable to cover all the costs of production is able to cover half the costs of production There is no relationship between normal profit and the costs of production Jhy

Answer rating: 100% (QA)

Is able to cover all costs of production Reason Normal profit is characterise... View the full answer