In the short run, firms suffering losses should always shut down.
Answer the following statement true (T) or false (F)
False
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Since the mid-1980s tariff rates in most nations have risen
Indicate whether the statement is true or false
Any current outlay that is expected to yield a flow of benefits beyond one year in the future is:
a. a capital gain b. a wealth maximizing factor c. a capital expenditure d. a cost of capital e. a dividend reinvestment
A bank's secondary reserves include its
A. holdings of long-term bonds issued by large corporations. B. passbook saving account balances (a liability to the bank). C. holdings of corporate stock. D. holdings of 6-month Treasury bills.
The purchase by an American firm of the right to produce a prescription drug patented in Germany best illustrates a:
A. trade flow. B. capital flow. C. goods and services flow. D. technology flow.