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

Author Question: Risk is shifted to the owners of a firm. In return they receive A) normal wages. B) residual ... (Read 54 times)

asmith134

  • Hero Member
  • *****
  • Posts: 576
Risk is shifted to the owners of a firm. In return they receive
 A) normal wages.
  B) residual income.
  C) normal profit.
  D) marginal profit.

Question 2

A firm could be engaged in successful predatory pricing if:
 a. It charged prices greater than the average variable cost of production.
  b. It did not drive rivals out of the market.
 c. It did not raise its prices after its predatory price cutting.
 d. None of the above is true.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

abro1885

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

B

Answer to Question 2

d




asmith134

  • Member
  • Posts: 576
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


ASDFGJLO

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Gracias!

 

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

For a complete list of videos, visit our video library