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

Author Question: Suppose Joan uses her savings to purchase computer equipment for her new consulting business. Soon ... (Read 38 times)

V@ndy87

  • Hero Member
  • *****
  • Posts: 571
on: Jun 30, 2018
Suppose Joan uses her savings to purchase computer equipment for her new consulting business. Soon after this, the market interest rate rises. As a result, her
 a. explicit costs rise immediately
  b. accounting profit falls immediately
  c. accounting profit rises immediately
  d. economic profit rises immediately
  e. economic profit falls immediately

Question 2

Suppose a professor gives up her teaching job to devote her time to writing textbooks. If salaries of professors rise,
 a. her accounting profit will rise
  b. her accounting profit will fall
  c. her explicit costs will rise
  d. her economic profit from textbooks will fall
  e. her economic profit from textbooks will rise


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

angrybirds13579

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

D


V@ndy87

  • Member
  • Posts: 571
Reply 2 on: Jun 30, 2018
Gracias!

nathang24

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Equipment Used in Physical Assessment Equipment Used in Physical Assessment
Louisiana Purchase Louisiana Purchase
Good computer skills are now required to be a successful member of an office staff. Good computer skills are now required to be a successful member of an office staff.
A typical variable cam timing control valve. The solenoid is controlled by the engine computer and ... A typical variable cam timing control valve. The solenoid is controlled by the engine computer and ...
Sample budget spreadsheet form for first year of business. Sample budget spreadsheet form for first year of business.
Students working around a computer Students working around a computer
Video: Eczema

For a complete list of videos, visit our video library