A firm earns economic profit when total profit exceeds? A. Normal profit B. Implicit costs C. Explicit costs D. Variable costs Right Answer: Normal profit Share : February 23, 2018 Asghar Khan Economics Total 0 Votes: 0 0 Tell us how can we improve this Mcqs? Captcha: + = Verify Human or Spambot ? Related Mcqs Check Below -It is considered as transfer payments?The theory of ‘surplus value’ is associated with?In Monopoly at various output levels?