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Author Question: Risk is shifted to the owners of a firm. In return they receive A) normal wages. B) residual ... (Read 50 times)

asmith134

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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.



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abro1885

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Answer to Question 1

B

Answer to Question 2

d




asmith134

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


chereeb

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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