This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: With free entry A) economic profits are possible over the long run. B) economic profits are ... (Read 119 times)

NClaborn

  • Hero Member
  • *****
  • Posts: 560
on: Jun 30, 2018
With free entry
 A) economic profits are possible over the long run.
  B) economic profits are possible but only over limited amounts of time.
  C) economic profits are not possible.
  D) the cost of capital will not be covered.

Question 2

If the return on capital is less than the cost of capital
 A) economic profits are zero.
  B) accounting profits are zero.
  C) then accounting profits minus economic profit are zero.
  D) economic profits are negative.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

coreycathey

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

D


NClaborn

  • Hero Member
  • *****
  • Posts: 560
Reply #2 on: Jun 30, 2018
Thank you


coreycathey

  • Sr. Member
  • ****
  • Posts: 333
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Triumphal Entry, page from a manuscript of Firdawsi's Shahnamah, Persian, Safavid culture. Triumphal Entry, page from a manuscript of Firdawsi's Shahnamah, Persian, Safavid culture.
Example of Index entry for an anatomic site with a cross-reference. Example of Index entry for an anatomic site with a cross-reference.
A cutaway of a typical water pump showing the long bearing assembly and the seal. The weep hole is ... A cutaway of a typical water pump showing the long bearing assembly and the seal. The weep hole is ...
IPCC economic scenarios IPCC economic scenarios
These findings are from Colby and Kohlberg's long-term longitudinal study These findings are from Colby and Kohlberg's long-term longitudinal study
economic question economic question
Video: Sperm Formation

For a complete list of videos, visit our video library