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Author Question: When economic profits in an industry are zero and implicit costs are positive: a. accounting ... (Read 152 times)

NClaborn

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When economic profits in an industry are zero and implicit costs are positive:
 a. accounting profits will be greater than zero.
 b. resources will be attracted to the industry.
 c. resources will not tend to either enter or leave the industry, other things equal.
  d. both (a) and (c) will be true.

Question 2

Notes are debt securities which have a maturity period of:
 a. 0-5 years.
  b. 10-15 years.
  c. 0-1 year.
  d. 10-20 years.
  e. 1-10 years.



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polinasid

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Answer to Question 1

d

Answer to Question 2

e




NClaborn

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Reply 2 on: Jun 30, 2018
:D TYSM


Liamb2179

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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