This topic contains a solution. Click here to go to the answer

Author Question: Suppose Joan uses her savings to purchase computer equipment for her new consulting business. Soon ... (Read 72 times)

V@ndy87

  • Hero Member
  • *****
  • Posts: 571
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
Answer to Question 1

E

Answer to Question 2

D




V@ndy87

  • Member
  • Posts: 571
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


dantucker

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Medication errors are three times higher among children and infants than with adults.

For a complete list of videos, visit our video library