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

Author Question: A firm's normal profit is best characterized by the A) average of a firm's profits over the past ... (Read 54 times)

nelaaney

  • Hero Member
  • *****
  • Posts: 560
on: Jul 1, 2018
A firm's normal profit is best characterized by the
 
  A) average of a firm's profits over the past five years.
  B) amount of profit necessary to keep the price of a firm's stock from changing.
  C) amount of profit a firm could earn in its next best alternative activity.
  D) the average amount of profit earned in the firm's industry.

Question 2

The Net Present Value approach to investment results in an investment being undertaken only if
 
  A) its net present value is positive.
  B) its net present value is zero.
  C) it has positive cash flow.
  D) its internal rate of return equals the rate of interest.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nanny

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

A


nelaaney

  • Member
  • Posts: 560
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

scikid

  • Member
  • Posts: 300
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Normal Ear Alignment Normal Ear Alignment
Positron emission tomography (PET) image showing the difference in the metabolic activity of the bra Positron emission tomography (PET) image showing the difference in the metabolic activity of the bra
Tonsils—normal and enlarged. Tonsils—normal and enlarged.
Hydronephrosis. Normal kidney (left) and kidney with hydronephrosis (right) are compared. Note the d Hydronephrosis. Normal kidney (left) and kidney with hydronephrosis (right) are compared. Note the d
Urinary tract infection. A UTI is characterized by fever, lumbar or abdominal pain, and pain or burn Urinary tract infection. A UTI is characterized by fever, lumbar or abdominal pain, and pain or burn
Normal and enlarged tonsils. Normal and enlarged tonsils.
Video: How to find out if a population is evolving?

For a complete list of videos, visit our video library