What does the term 'normal rate of profit' refer to?

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The return on investment exceeding the interest rate of risk-free government securities.The minimum profit level required to satisfy the expectations of owners or investors.The amount remaining after subtracting total costs from total revenue.A profit rate of zero within a perfectly competitive market.

Explanation

The normal rate of profit is defined as the minimum profit necessary to keep investors or owners content with their investment. It differs from returns above risk-free rates or accounting profits, and it is not zero even in perfectly competitive markets.