This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If a firm wants to buy a piece of capital equipment, is this firm a demander or supplier in the ... (Read 115 times)

abc

  • Hero Member
  • *****
  • Posts: 543
on: Jun 29, 2018
If a firm wants to buy a piece of capital equipment, is this firm a demander or supplier in the financial market?
 
  What will be an ideal response?

Question 2

What are explicit costs? What are implicit costs?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

juliaf

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 29, 2018
Answer to Question 1

A financial market is where firms get the funds to buy capital. So, if the firm wants to buy a piece of capital equipment, the firm will be looking for funds to borrow. Hence the firm is a demander in the financial market.

Answer to Question 2

Explicit costs are costs that are measured in dollars and that typically involve some exchange of money. Implicit costs are costs that do not involve an exchange of money.


abc

  • Member
  • Posts: 543
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

brbarasa

  • Member
  • Posts: 308
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

This engraving by William Russell Birch shows Congress Hall (left), which was occupied by Congress f This engraving by William Russell Birch shows Congress Hall (left), which was occupied by Congress f
John Lewis Krimmel’s painting of the Fourth of July in Centre Square Philadelphia (1812) shows the d John Lewis Krimmel’s painting of the Fourth of July in Centre Square Philadelphia (1812) shows the d
Capillary puncture equipment. Capillary puncture equipment.
Global OBD II can be accessed from the main menu on all aftermarket and some original equipment ... Global OBD II can be accessed from the main menu on all aftermarket and some original equipment ...
Neck stretch. Rest the receiver’s head on the palm of your right hand, taking a firm hold on the ... Neck stretch. Rest the receiver’s head on the palm of your right hand, taking a firm hold on the ...
A piece of glass has a thin film of gasoline floating on it. A beam of light is shining ... A piece of glass has a thin film of gasoline floating on it. A beam of light is shining ...
Video: Molecules, Membrane Permeability and Structure

For a complete list of videos, visit our video library