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Author Question: Risk is shifted to the owners of a firm. In return they receive A) normal wages. B) residual ... (Read 48 times)

asmith134

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on: Jun 30, 2018
Risk is shifted to the owners of a firm. In return they receive
 A) normal wages.
  B) residual income.
  C) normal profit.
  D) marginal profit.

Question 2

A firm could be engaged in successful predatory pricing if:
 a. It charged prices greater than the average variable cost of production.
  b. It did not drive rivals out of the market.
 c. It did not raise its prices after its predatory price cutting.
 d. None of the above is true.


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abro1885

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

B

Answer to Question 2

d


asmith134

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

momolu

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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