Abnormal Profit Diagram | Perfect Competition | IB Theory of the Firm | Market Power

Join 3,400+ Readers every Friday for my weekly newsletter: learn-brad-car...
Each Friday you'll receive one practical Economics tip, thought, or teaching strategy to help you become a more empowered student or teacher:
Buy The Entire Course for Only $19.95: www.bradcartwr...
LINKEDIN: / brad-cartwright
INSTAGRAM: / bradleyocartwright
FACEBOOK: / bradleyocartwright
WEBSITE: www.bradcartwr...
IB ECONOMICS STUDENTS
Student Home Page: www.bradcartwr...
IB ECONOMICS TEACHER WORKSHOPS, MEMBERSHIPS, AND RESOURCES
Teacher Home Page: www.bradcartwr...
IB ECONOMICS YEARLY SCHOOL MEMBERSHIP
Yearly School Membership: www.bradcartwr...
IB CORE WORKSHOPS AND TRAININGS
Home Page: www.bradcartwr...
ON-SITE AND ONLINE PROFESSIONAL DEVELOPMENT TRAININGS:
Contact Information: [e-mail]
THE WORLD IS OUR CLASSROOM!
Brad

[@shopping_campus2664]

I like your teaching method

[@shopping_campus2664]

Thank u for given this details

[@dasherman5150]

If the market is perfectly competitive how are abnormal profits even possible in the first place?

[@bragastraat2288]

In the long run the normal economic profit is 0