What would be unquestionably abnormal profits?
- Athe extra revenue received from the sale of a farmer’s land to a house-building firm
- Bthe extra revenue received by a firm from an unexpectedly large increase in demand
- Cthe total revenue from the sale of a firm’s products in excess of the total variable costs of the firm
- Dthe total revenue in excess of total costs of the firm above the minimum needed to keep the firm in business in the long run