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Author Question: When economic profits in an industry are zero and implicit costs are positive: a. accounting ... (Read 154 times)

NClaborn

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on: Jun 30, 2018
When economic profits in an industry are zero and implicit costs are positive:
 a. accounting profits will be greater than zero.
 b. resources will be attracted to the industry.
 c. resources will not tend to either enter or leave the industry, other things equal.
  d. both (a) and (c) will be true.

Question 2

Notes are debt securities which have a maturity period of:
 a. 0-5 years.
  b. 10-15 years.
  c. 0-1 year.
  d. 10-20 years.
  e. 1-10 years.


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polinasid

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

d

Answer to Question 2

e


NClaborn

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

bblaney

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Reply 3 on: Yesterday
Excellent

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