Question 1
You borrow $20,000 at an interest rate of 6% to open Candy Dan's, a gourmet sweet shop. If the return on your investment is ________, then you will earn an economic loss.
◦ less than 6%
◦ exactly 6%
◦ greater than 6%
◦ It is indeterminate from the given information.
Question 2
A manufacturing company designs and produces an incredibly efficient solar heating system for large buildings and earns very large profits on it. Which of the following is
true?
◦ The profits this firm earns are a return for an innovation.
◦ The profits this firm earns aren't deserved, as the firm did not take any risks.
◦ This firm must not be in a competitive market if it was able to earn a profit.
◦ both The profits this firm earns are a return for an innovation and This firm must not be in a competitive market if it was able to earn a profit
Large-Flowered Trillium
The Very Large Array (VLA)
Solar Spectra
The Solar Corona
The fuel system should hold pressure if the system is leak free.
Genetic Drift in Large and Small Populations