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

Author Question: When a firm earns a normal rate of return, it (Read 91 times)

saraeharris

  • Hero Member
  • *****
  • Posts: 546
on: Apr 19, 2019

Question 1

Firms that are earning zero economic profits are


◦ breaking even.
◦ earning less than a normal rate of return.
◦ shutting down in the short run.
◦ shutting down in the long run.

Question 2

When a firm earns a normal rate of return, it


◦ earns a profit.
◦ breaks even.
◦ suffers a loss.
◦ should shut down.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by saraeharris on Apr 19, 2019

alexanderhamilton

  • Sr. Member
  • ****
  • Posts: 334
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.
Answer Preview
Only 39% of students answer this correctly


saraeharris

  • Hero Member
  • *****
  • Posts: 546
Reply #2 on: Apr 19, 2019
Excellent


alexanderhamilton

  • Sr. Member
  • ****
  • Posts: 334
Reply #3 on: Apr 19, 2019
Great! Please up vote :D


« previous next »
 

Did you know?

Your heart beats over 36 million times a year.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Effects of growth rate on development. Effects of growth rate on development.
Human immunodeficiency virus gains entry into helper T cells, uses the cell DNA to replicate, interf Human immunodeficiency virus gains entry into helper T cells, uses the cell DNA to replicate, interf
Tonsils—normal and enlarged. Tonsils—normal and enlarged.
If the needle drops 1 or 2 inches Hg from the normal reading, one of the engine valves is burned or ... If the needle drops 1 or 2 inches Hg from the normal reading, one of the engine valves is burned or ...
How the Return to Education Affects the Distribution of Income How the Return to Education Affects the Distribution of Income
For each function f(x) = 6x^2 - 4, estimate the instantaneous rate of change for the given ... For each function f(x) = 6x^2 - 4, estimate the instantaneous rate of change for the given ...
Video: Introduction to Pre-eclampsia

For a complete list of videos, visit our video library