If economic profits are negative
A) accounting profits can be positive.
B) accounting profits can be negative.
C) the cost of capital is not being covered.
D) all of these choices.
D
You might also like to view...
In order to help assure that all relevant factors will be considered, the capital-expenditure selection process should include the following steps except:
a. generating alternative capital-investment project proposals b. estimating cash flows for the project proposals c. reviewing the investment projects after they have been implemented d. allocate manpower to the various divisions within the firm e. a and d
Innovation is the process of turning an invention into a marketable product
a. True b. False
The government budget involves:
A. money coming in as tax revenues. B. money going out to individuals for programs that do not involve goods or services. C. money going out through government purchases. D. All of these are true.
A decrease in taxes will immediately shift
A. aggregate demand to the left. B. aggregate demand to the right. C. aggregate supply to the left. D. aggregate supply to the right.