Author Question: Which of the following statements is true a. in market equilibrium there are unconsummated ... (Read 171 times)

sc00by25 · **on:** Jul 1, 2018

Which of the following statements is true
a. in market equilibrium there are unconsummated value-creating transactions
b. in market equilibrium there are unconsummated wealth-destroying transactions
c. in market equilibrium there are no unconsummated wealth-creating transactions
d. none of the above

Question 2

You are considering buying a store. In order to better access your return on the investment, your expectations of the return should be based on
a. Days where sales are high, costs are low
b. Days where sales are low and costs are high
c. Days where both sales and costs are low
d. A weighted average of all the above scenarios