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Andru [333]
3 years ago
15

In what type of economy are all businesses state owned, the rationale being that the government can then direct them to make inv

estments that are in the best interests of the nation as a whole rather than in the interests of private individuals
Business
1 answer:
SOVA2 [1]3 years ago
7 0
That is the communist economy, the opposite of a market economy.
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Normal profit is the return to the entrepreneur when the entire economic profits are equal to zero. Hence, the correct statement is Option A.

<h3>When the business earns normal profits?</h3>

A commercial enterprise may be in a state of normal profit while its economic income is equal to 0, that is why normal profit is also called “zero economic profit.” Normal profit takes place on the factor wherein all sources are being successfully used and could not be put to better use elsewhere.

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