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Author Question: If a business owner decided to expand her business but rather than borrowing money from a bank used ... (Read 152 times)

jjjetplane

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on: May 24, 2019
If a business owner decided to expand her business but rather than borrowing money from a bank used her own funds, then
◦ she would be unable to earn a normal profit.
◦ there is no cost associated with the expansion.
◦ she would forego the opportunity to earn interest on the money.
◦ the amount of her funds she used is an explicit cost.
◦ the amount of her funds she used is part of her normal profit.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by jjjetplane on May 24, 2019

Jadwiga9

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Reply #1 on: May 24, 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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jjjetplane

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Reply #2 on: May 24, 2019
Excellent


Jadwiga9

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Reply #3 on: May 24, 2019
Great! Please up vote :D


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