[Answered] An increase in revenue causes economic profit to rise. Indicate whether the statement is true or ...

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beccaep

Hero Member
Posts: 535

on: Jun 30, 2018

An increase in revenue causes economic profit to rise.
Indicate whether the statement is true or false

Question 2

The decay rate is the speed at which economic profits go to zero.
Indicate whether the statement is true or false

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gabrielle_lawrence

Sr. Member
Posts: 353

Reply #1 on: Jun 30, 2018

Answer to Question 1

False

Answer to Question 2

True

beccaep

Member
Posts: 535

Reply 2 on: Jun 30, 2018

Thanks for the timely response, appreciate it

essyface1

Member
Posts: 347

Reply 3 on: Yesterday

YES! Correct, THANKS for helping me on my review

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