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

Author Question: If a firm is making normal profit (Read 21 times)

saliriagwu

  • Hero Member
  • *****
  • Posts: 537
on: May 25, 2020
If a firm is making normal profit
◦ it should exit the industry and re-invest its assets elsewhere.
◦ it is covering the opportunity cost of being in business.
◦ it will not be able to sell the company for as much as it paid for it.
◦ it is wasting its funds by investing on new plant and equipment.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by saliriagwu on May 25, 2020

blakeserpa

  • Sr. Member
  • ****
  • Posts: 338
Reply #1 on: May 25, 2020
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 56% of students answer this correctly


saliriagwu

  • Member
  • Posts: 537
Reply 2 on: May 25, 2020
:D TYSM

carlsona147

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Appendicitis. (a) A normal appendix. (b) An inflamed appendix in appendicitis. Appendicitis. (a) A normal appendix. (b) An inflamed appendix in appendicitis.
Changes in the bronchioles during an asthma attack: (a) Normal bronchiole. (b) The inflammatory ... Changes in the bronchioles during an asthma attack: (a) Normal bronchiole. (b) The inflammatory ...
Normal red blood cells (RBCs) are flexible and donut-shaped and move with ease through blood ... Normal red blood cells (RBCs) are flexible and donut-shaped and move with ease through blood ...
Normal lung volumes and capacities. Normal lung volumes and capacities.
Diagram of the heart showing normal conduction pathway. Diagram of the heart showing normal conduction pathway.
A deficiency of linoleic acid can interfere with normal growth and result in inflammation A deficiency of linoleic acid can interfere with normal growth and result in inflammation
Video: Atrophy

For a complete list of videos, visit our video library