If a firm fails to provide investors with at least a normal rate of return,
A) it will have a positive economic profit but a negative accounting profit.
B) it will not be able to remain in business in the short run.
C) it will shut down in the short run but will be able to remain in business in the long run.
D) it will not be able to remain in business in the long run.
D
You might also like to view...
The total of all planned production for the entire economy is known as
A) aggregate inflation. B) aggregate supply. C) aggregate expenditures. D) aggregate demand.
What is the future value of $1 (i) after 18 years if the interest rate is 4 percent, (ii) after 12 years if the interest rate is 6 percent, (iii) after 9 years if the interest rate is 8 percent, and (iv) after 6 years if the interest rate is 12
percent?
In economic terms, “productivity” means the number of goods and services ______
a. a worker can produce per hour b. the fastest worker produces per hour c. produced per full-time employee d. sold in an economy per year
If you expect the price of gas to fall within a week, you will Question 22 options:
A. decrease your future demand for gas, because the expected price is relatively lower. B. decrease your future demand for gas, because the actual price of gas is relatively higher. C. increase your present demand for gas, filling up the gas tank of your car as soon as possible. D. decrease your present demand for gas, postponing going to the gas station until next week.