This topic contains a solution. Click here to go to the answer

Author Question: When a firm earns a normal rate of return, it (Read 97 times)

saraeharris

  • Hero Member
  • *****
  • Posts: 546

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.


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
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
Excellent



alexanderhamilton

  • Sr. Member
  • ****
  • Posts: 334
Great! Please up vote :D



 

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

For a complete list of videos, visit our video library