This topic contains a solution. Click here to go to the answer

Author Question: An increase in revenue causes economic profit to rise. Indicate whether the statement is true or ... (Read 216 times)

beccaep

  • Hero Member
  • *****
  • Posts: 535
An increase in revenue causes economic profit to rise.
  Indicate whether the statement is true or false

Question 2

The decay rate is the speed at which economic profits go to zero.
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

gabrielle_lawrence

  • Sr. Member
  • ****
  • Posts: 353
Answer to Question 1

False

Answer to Question 2

True




beccaep

  • Member
  • Posts: 535
Reply 2 on: Jun 30, 2018
Wow, this really help


parker125

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

For a complete list of videos, visit our video library