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Author Question: Exit from a market will stop when A) accounting losses are zero. B) the cost of capital is equal ... (Read 118 times)

NClaborn

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on: Jun 30, 2018
Exit from a market will stop when
 A) accounting losses are zero.
  B) the cost of capital is equal to the risk-free rate of return.
  C) economic losses are zero.
  D) none of these choices.

Question 2

Entry into a competitive market will continue until
 A) economic profits are zero.
  B) normal profits are zero.
  C) when accounting losses are zero.
  D) a. and b. are true


aprice35067

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

A


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