noun
normal profit
Economics term: the minimum profit necessary to keep a firm in an industry in the long run, where total revenue equals total cost including opportunity cost.
完全競争市場では、長期的には企業は正常利潤しか得られない。
In a perfectly competitive market, firms can only earn normal profit in the long run.
Excess profit above the normal level; also called economic profit.
Compound of 正常 (normal) and 利潤 (profit), a direct translation of the English economics term 'normal profit'.