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

Author Question: A firm's net worth is calculated as A) the difference between a firm's revenues and explicit ... (Read 36 times)

SO00

  • Hero Member
  • *****
  • Posts: 568
A firm's net worth is calculated as
 
  A) the difference between a firm's revenues and explicit costs.
  B) the difference between a firm's liabilities and outstanding equities.
  C) the difference between a firm's assets and liabilities.
  D) the difference between a firm's revenues and implicit costs.

Question 2

Suppose a positive technological change in the production of disease-resistant corn caused the price of corn to fall. Holding everything else constant, how would this affect the market for wheat (a substitute for corn)?
 
  A) The demand for wheat would decrease and the equilibrium price of wheat would decrease.
  B) The supply of wheat would increase and the equilibrium price of wheat would decrease.
  C) The demand for wheat would increase because consumers could afford to buy more wheat and corn.
  D) The demand for wheat would decrease and the equilibrium price of wheat would increase.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cegalasso

  • Sr. Member
  • ****
  • Posts: 295
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.
Answer Preview
Only 25% of students answer this correctly




SO00

  • Member
  • Posts: 568
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


amcvicar

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Excellent

 

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

For a complete list of videos, visit our video library