If the present value of all future profit is positive, then

A) the firm should remain operating, even if it earns negative profit in the short run.
B) the firm should shut down if it is earning a negative profit in the short run.
C) the firm should shut down if it cannot cover its fixed costs in the short run.
D) None of the above.


A

Economics

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What statement most accurately describes the U.S. colonial economy in the 1700s?

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Education would be considered investments in:

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Economics

The reserve ratio is 10 percent. If the Fed buys $1 million of U.S. government securities from a bond dealer by transmitting the funds to the dealer's deposit account at Bank ABC, then

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Economics