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Author Question: If the return on capital is equal to the cost of capital A) accounting profits are zero. B) ... (Read 234 times)

tsand2

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If the return on capital is equal to the cost of capital
 A) accounting profits are zero.
  B) economic profits are negative.
  C) accounting profit and economic profit are equal.
  D) economic profits are zero.

Question 2

Economic profits disappear quickly when a market is
 A) perfectly competitive.
  B) monopolistically competitive.
  C) a monopoly.
  D) an oligopoly.



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Sammyo

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Answer to Question 1

D

Answer to Question 2

A




tsand2

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


6ana001

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Reply 3 on: Yesterday
Wow, this really help

 

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