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Author Question: If opportunity costs are ignored: a. all firms will show accounting profits. b. all firms will ... (Read 109 times)

MGLQZ

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on: Jun 30, 2018
If opportunity costs are ignored:
 a. all firms will show accounting profits.
 b. all firms will appear to incur economic losses.
 c. firms will still make profit-maximizing production decisions.
  d. firms experiencing economic losses may appear to be profitable.

Question 2

Offshoring does not affect the percentage of U.S. workers employed in manufacturing.
 a. True
  b. False
  Indicate whether the statement is true or false


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chjcharjto14

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

d

Answer to Question 2

False


MGLQZ

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  • Posts: 579
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

ktidd

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

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