Author Question: Exit from a market will stop when A) accounting losses are zero. B) the cost of capital is equal ... (Read 193 times)

NClaborn

  • Hero Member
  • *****
  • Posts: 560
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

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

C

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

For a complete list of videos, visit our video library