If ABC Typing Service achieves a return that surpasses the minimum required to keep the business running, what does this indicate?

Choose the correct answer

Explanation

When a firm’s return exceeds the threshold needed to sustain operations, it means the company is earning an economic profit, which is profit above the normal profit required to keep the business active.

If ABC Typing Service achieves a return that surpass… — Profit Maximizing Under Perfect Competition And Monopoly | PakQuizHub