This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Risk is shifted to the owners of a firm. In return they receive A) normal wages. B) residual ... (Read 41 times)

asmith134

  • Hero Member
  • *****
  • Posts: 576
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.


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
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

d


asmith134

  • Member
  • Posts: 576
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

dantucker

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

An electrocardiogram (ECG, EKG) is a commonly used procedure in which the electrical events associat An electrocardiogram (ECG, EKG) is a commonly used procedure in which the electrical events associat
Lymphatic vessels pick up excess tissue fluid, purify it in the lymph nodes, and then return it to t Lymphatic vessels pick up excess tissue fluid, purify it in the lymph nodes, and then return it to t
Monopoly, patented in 1935, was an instant best-seller: Players risk all their assets in an attempt Monopoly, patented in 1935, was an instant best-seller: Players risk all their assets in an attempt
Normal combustion is a smooth, controlled burning of the air–fuel mixture. Normal combustion is a smooth, controlled burning of the air–fuel mixture.
Normal and Impaired Vision Normal and Impaired Vision
Distribution of sex chromosomes from generation to generation. All children receive an X chromosome Distribution of sex chromosomes from generation to generation. All children receive an X chromosome
Video: Glycolysis Animation

For a complete list of videos, visit our video library