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Author Question: A firm's net worth is calculated as A) the difference between a firm's revenues and explicit ... (Read 59 times)

SO00

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on: Jun 29, 2018
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.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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cegalasso

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Reply #1 on: Jun 29, 2018
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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SO00

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Reply 2 on: Jun 29, 2018
Excellent

blakcmamba

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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