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Author Question: A manufacturing company designs and produces an incredibly efficient solar heating system for large ... (Read 61 times)

newyorker26

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on: Apr 19, 2019

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
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by newyorker26 on Apr 19, 2019

InfiniteSteez

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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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newyorker26

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Reply 2 on: Apr 19, 2019
Excellent

irishcancer18

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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