This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: You withdraw some of your savings to invest in a new business venture. Which of the following ... (Read 59 times)

tuffie

  • Hero Member
  • *****
  • Posts: 534
on: Jun 30, 2018
You withdraw some of your savings to invest in a new business venture. Which of the following statements is true?
 a. The return you will earn from this new investment is your opportunity cost.
  b. The interest rate you would have earned in the bank is higher than the return from this investment.
  c. The return you expect to earn from this new investment must exceed your opportunity cost.
  d. The return you expect to earn from this new investment must equal your opportunity cost.

Question 2

Many agricultural products, such as wheat, are produced by thousands of different producers that grow essentially the same product. The market structure that best describes such a model is:
 a. perfect competition.
  b. monopoly.
  c. monopolistic competition.
  d. oligopoly.
  e. monopsony.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

swimkari

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

a


tuffie

  • Member
  • Posts: 534
Reply 2 on: Jun 30, 2018
Wow, this really help

miss.ashley

  • Member
  • Posts: 371
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Cost Savings with an EHR System Cost Savings with an EHR System
The Weather Business: A Brief Overview The Weather Business: A Brief Overview
Business Math, 10th Edition Business Math, 10th Edition
United States Health Care System: Combining Business, Health, and Delivery United States Health Care System: Combining Business, Health, and Delivery
Business Math Business Math
Business Math Business Math
Video: Introduction to Spirometry

For a complete list of videos, visit our video library