| 单词 | normal profits |
| 释义 | normal profits The level of profits which is regarded as usual in any economy. Levels of profitability higher than this tend to stimulate entry to an industry, and levels of profits lower than normal tend to cause exit. The actual level regarded as normal depends on attitudes to risk-taking in a society, and on the distribution of wealth, which affects the ability to go into business on one's own account. |
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