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 71 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
:D TYSM

bassamabas

  • Member
  • Posts: 294
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

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?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Sample purchase order form. Sample purchase order form.
Frequently Used Computer Terms Frequently Used Computer Terms
CT scan equipment. CT scan equipment.
Many electronic components are used to construct a typical vehicle computer. Notice the quantity of ... Many electronic components are used to construct a typical vehicle computer. Notice the quantity of ...
DNA-Z computer model DNA-Z computer model
Computer reconstructions of the diversity in neurons that exist across species Computer reconstructions of the diversity in neurons that exist across species
Video: Mendel's Principles of Inheritance (Father of Genetics)

For a complete list of videos, visit our video library