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Author Question: A software company writes a better operating system for personal computers and earns very large ... (Read 138 times)

WWatsford

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on: Apr 19, 2019

Question 1

You borrow $10,000 at an interest rate of 5% to open Movies Galore, a DVD rental store. You will earn an economic loss if


◦ the return on your investment is less than 5%.
◦ the return on your investment is exactly 5%.
◦ the return on your investment is greater than 5%.
◦ indeterminate from given information.

Question 2

A software company writes a better operating system for personal computers and earns very large profits on this operating system. Which of the following is 
true?


◦ The profits this firm earns are a return for an innovation.
◦ The profits this firm earns aren't deserved, as the firm did not take any risks.
◦ This firm must not be in a competitive market if it was able to earn a profit.
◦ The firm must be a monopoly.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by WWatsford on Apr 19, 2019

xoxo123

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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WWatsford

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Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)

lkanara2

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Reply 3 on: Yesterday
Gracias!

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