This topic contains a solution. Click here to go to the answer

Author Question: When free entry is one of the attributes of a market structure, economic profits are: a. generally ... (Read 74 times)

joesmith1212

  • Hero Member
  • *****
  • Posts: 549
When free entry is one of the attributes of a market structure, economic profits are:
 a. generally driven to zero in long-run equilibrium.
  b. generally negative for all firms.
 c. generally zero in the short run.
 d. always positive.

Question 2

Assume a U.S. investor buys a Mexican bond with a face value of MXP 1,000 and a 20 percent annual interest yield while the exchange rate is MXP 10 per dollar. What is the dollar return from the bond if the exchange rate at the end of the year is MXP 11 per dollar?
 a. 9.1
  b. 10.0
  c. 18.2
  d. 20.0
  e. 32.0



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

duy1981999

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

a

Answer to Question 2

a




joesmith1212

  • Member
  • Posts: 549
Reply 2 on: Jun 30, 2018
Excellent


billybob123

  • Member
  • Posts: 336
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

For a complete list of videos, visit our video library