Author Question: Risk is shifted to the owners of a firm. In return they receive A) normal wages. B) residual ... (Read 61 times)

asmith134 · **on:** Jun 30, 2018

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.