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Author Question: If Pets.com is earning a rate of return less than necessary for the business to continue operations, then (Read 138 times)

savannahhooper

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on: Apr 19, 2019

Question 1

If Microsoft is earning a rate of return greater than the return necessary for the business to continue operations in the long run, then


◦ total costs exceed total revenue.
◦ total costs exceed a normal rate of return.
◦ the normal rate of return is zero.
◦ the firm is earning an economic profit.

Question 2

If Pets.com is earning a rate of return less than necessary for the business to continue operations, then


◦ total revenue exceeds economic costs.
◦ economic costs exceed total revenue.
◦ normal profit is zero.
◦ economic profit is zero.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by savannahhooper on Apr 19, 2019

uniquea123

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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savannahhooper

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Reply #2 on: Apr 19, 2019
Thanks


uniquea123

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Reply #3 on: Apr 19, 2019
Welcome :)


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