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Author Question: If a firm is making normal profit (Read 16 times)

saliriagwu

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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
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Marked as best answer by saliriagwu on May 25, 2020

blakeserpa

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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.
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saliriagwu

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Reply 2 on: May 25, 2020
Excellent

raili21

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Reply 3 on: Yesterday
Wow, this really help

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