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Author Question: If the return on capital is equal to the cost of capital A) accounting profits are zero. B) ... (Read 226 times)

tsand2

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on: Jun 30, 2018
If the return on capital is equal to the cost of capital
 A) accounting profits are zero.
  B) economic profits are negative.
  C) accounting profit and economic profit are equal.
  D) economic profits are zero.

Question 2

Economic profits disappear quickly when a market is
 A) perfectly competitive.
  B) monopolistically competitive.
  C) a monopoly.
  D) an oligopoly.


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Sammyo

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

A


tsand2

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Reply 2 on: Jun 30, 2018
Wow, this really help

miss_1456@hotmail.com

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Reply 3 on: Yesterday
Excellent

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