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

Author Question: If a firm's economic profit is positive, its accounting profit must also be positive. a. True b. ... (Read 97 times)

chads108

  • Hero Member
  • *****
  • Posts: 507
on: Jun 30, 2018
If a firm's economic profit is positive, its accounting profit must also be positive.
 a. True
  b. False

Question 2

If all my savings are invested in my consulting company, an increase in the interest rate increases my implicit costs.
 a. True
  b. False


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

CharlieArnold

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

A


chads108

  • Hero Member
  • *****
  • Posts: 507
Reply #2 on: Jun 30, 2018
Thank you


CharlieArnold

  • Sr. Member
  • ****
  • Posts: 319
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p
Abdominal thrusts are delivered with a firm thrust into the patient’s abdomen with an upward ... Abdominal thrusts are delivered with a firm thrust into the patient’s abdomen with an upward ...
Positive and negative selection during T-cell development. Positive and negative selection during T-cell development.
Economic Differentiation in China Economic Differentiation in China
The Economic Way of Thinking The Economic Way of Thinking
economic question economic question
Video: Protein digestion - stomach & small intestine

For a complete list of videos, visit our video library