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Author Question: If Overstock.com earns a rate of return exactly equal to what is necessary for it to continue ... (Read 93 times)

Lobcity

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on: Apr 19, 2019

Question 1

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


◦ total revenue exceeds total costs.
◦ total costs are less than a normal rate of return.
◦ the firm's normal rate of return is zero.
◦ the firm is suffering an economic loss.

Question 2

If Overstock.com earns a rate of return exactly equal to what is necessary for it to continue operations, then its


◦ total revenue exceeds its economic costs.
◦ economic costs exceed its 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 Lobcity on Apr 19, 2019

bhavsar

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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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Lobcity

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Reply #2 on: Apr 19, 2019
Excellent


bhavsar

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Reply #3 on: Apr 19, 2019
Great! Please up vote :D


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