Author Question: A physician who laid off her nurse and receptionist and performed their tasks herself would probably ... (Read 57 times)

TFauchery

  • Hero Member
  • *****
  • Posts: 500
A physician who laid off her nurse and receptionist and performed their tasks herself would probably
 
  A) decrease her accounting profit but increase her economic profit.
  B) decrease her profit from the economist's point of view even if she increased her accounting profit.
  C) increase both her accounting and economic profit if her practice was a busy one.
  D) wind up with lower labor costs unless the layoff greatly increased the demand for her professional services.
  E) work more efficiently in order to get everything done.

Question 2

Suppose the annual rate of interest is r. Which of the following statements is then true of the future value of 1,000 for a time of T years?
 
  A) Irrespective of whether the sum of 1,000 is borrowed or lent, the future value in both cases will equal (1 - r)T  (1,000).
  B) Irrespective of whether the sum of 1,000 is borrowed or lent, the future value in both cases will equal (1 + r)T  (1,000).
  C) If 1,000 is borrowed, the future value will equal (1 + r)T  (1,000), but if it is lent out, the future value will equal (1 - r)T  1,000.
  D) If 1,000 is borrowed, the future value will equal (1 - r)T  (1,000), but if it is lent out, the future value will equal (1+ r)T  1,000.



nital

  • Sr. Member
  • ****
  • Posts: 320
Answer to Question 1

B

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

For a complete list of videos, visit our video library