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

Author Question: According to the innovation theory of profit, above-normal profits are necessary to compensate the ... (Read 91 times)

james0929

  • Hero Member
  • *****
  • Posts: 586
on: Jul 1, 2018
According to the innovation theory of profit, above-normal profits are necessary to compensate the owners of the firm for the risk they assume when making their investments.
 a. true
  b. false

Question 2

A payday loan company has decided to open several new locations in the city. To decide where to open these locations it hires consultants and pays them per store opened. At the end of the quarter, the company notices a many of the new stores' sales volume fail to meet expectations. This is because
 a. The consultants are paid per store and not just profitable store locations
  b. The consultants are paid per store and hence choose the best locations
  c. The consultants would always choose the best locations
 d. None of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jharrington11

  • Sr. Member
  • ****
  • Posts: 365
Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

a


james0929

  • Member
  • Posts: 586
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

meganmoser117

  • Member
  • Posts: 303
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

The endosymbiosis theory The endosymbiosis theory
A comparison between chromosomes found in a normal human cell and a cancer cell from the same person A comparison between chromosomes found in a normal human cell and a cancer cell from the same person
Changes in bronchioles during an asthma attack: (a) normal bronchiole, (b) inflammation obstructing ... Changes in bronchioles during an asthma attack: (a) normal bronchiole, (b) inflammation obstructing ...
Red blood cells with normal hemoglobin, like the three similar ones, are smooth and round Red blood cells with normal hemoglobin, like the three similar ones, are smooth and round
Set-Point Theory Set-Point Theory
Section of a normal brain (left) and an HD brain (right). The HD brain shows extensive damage to the Section of a normal brain (left) and an HD brain (right). The HD brain shows extensive damage to the
Video: DNA fingerprinting Animation

For a complete list of videos, visit our video library