TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

ABNORMAL LOSS [1 record]

Record 1 1981-01-26

English

Subject field(s)
  • Economics
  • Accounting
OBS

In the above sense we may say that "normal profits" are included in costs and that "excess-profits" are competed away by entry of new firms and "abnormal losses" are eliminated by long-run exit of firms.

French

Domaine(s)
  • Économique
  • Comptabilité

Spanish

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