A firm that earns only normal profit is not covering all its costs. Do you agree or
Question:
A firm that earns only normal profit is not covering all its costs. Do you agree or disagree? Explain your answer.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 53% (15 reviews)
Disagree Earning a normal profit is eq...View the full answer
Answered By
ZIPPORAH KISIO LUNGI
I have worked on several other sites for more than five years, and I always handle clients work with due diligence and professionalism. Am versed with adequate experience in the fields mentioned above in which have delivered quality papers in research, thesis, essays, blog articles, and so forth.
I have gained extensive experience in assisting students to acquire top grades in biological, business and IT papers. Notwithstanding that, I have 7+ years of experience in corporate world software design and development.
5.00+
194+ Reviews
341+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Suppose the corporate tax rate is 40%. Consider a firm that earns $1000 before interest and taxes each year with no risk. The firms capital expenditures equal its depreciation expenses each year, and...
-
A. Based upon the findings reported in Table 10.2, discuss the relation between firm size and profitability, and the link, if any, between firm size and profit rates. In general, does large firm size...
-
1. Advertising for eyeglasses _________ (increases/decreases) the price of eyeglasses because advertising promotes _________. 2. An advertisement that succeeds in getting consumers to try the product...
-
Water is pumped out of a holding tank at a rate of 5 5e 0.12t liters/minute, where t is in minutes since the pump is started. If the holding tank contains 1000 liters of water when the pump is...
-
Since 1950 the U.S. workforce has seen the arrival of the Baby Boomers and the changing role of women, among other influences. The data in the table show the millions of men and women in the U.S....
-
Indicate each of the following for the ionization of pure water. (a) The molecular collision equation (b) The molar hydrogen ion concentration at 25 C (c) The molar hydroxide ion concentration at 25...
-
Understand market globalization as an organizing framework. L01
-
On January 1, 20X1, Wade Crimbring, Inc., a dealer in used manufacturing equipment, sold a CNC milling machine to Fletcher Bros., a new business that plans to fabricate utility trailers. To conserve...
-
The 2 0 2 5 income statement and comparative balance sheet of Cobbs Hill, Inc. follow: liew the income statement. rew the additional information. View the comparative balance sheet. Read the...
-
Le Roi du Plastique Sarl has two processes extrusion and thermo-assembly. Consider the June 2022 data for physical units in the thermo-assembly process of Le Roi du Plastique: opening work in...
-
Explain why earning zero economic profit is not as bad as it sounds.
-
Explain the Alchian-Demsetz theory of the firm.
-
When the DA performs the data-definition function, the first step is to: a. Determine whether some database users have already established in the database at least some of the data items needed b....
-
The composition of moist air is given on a molar basis to be 78 percent N2, 20 percent O2, and 2 percent water vapor. Determine the mass fractions of the constituents of air. Use the table containing...
-
1. Consider the LFSR with so = 1, 8 = 1, S2 = 1, 83 = 1, 84 = 0, and Sn Sn-2 Sn-3+ Sn-5. Find the next 15 terms in this LFSR. What is the period of this LFSR? 2. Suppose you learn that a Hill cipher...
-
Assume that you are thinking of a new acquisition campaign for SEDO, assuming that you want to convert people who are already engaged. Develop a big idea (in the communication) that you can use in...
-
You have a backend Amazon EC2 instance providing a web service to your web server instances. Your web servers are in a public subnet. You would like to block inbound requests from the internet to...
-
Consider the following task set. Task C T|D T1 20 50 40 T2 10 40 30 T3 5 20 15 a) Verify whether the task set is schedulable under DM using the processor utilization-based ap- proach. b) Verify...
-
Evaluate the following geometric sums. All k=0 Alw k
-
Under what conditions is the following SQL statement valid?
-
One-shot inflation and continued inflation are two types of inflation. 1. Graphically show demand-side induced one-shot inflation. 2. Graphically show supply-side induced one-shot inflation. 3....
-
All four of the factors that are affected by changes in the money supplythe supply of loans, Real GDP, the price level, and the expected inflation rateaffect either the supply of or demand for...
-
Use the equation of exchange to explain changes in the price level.
-
What is Coke's average ownership percentage in its equity method investments? Goodwill is 7000 Calculate the firm's current ratio (current assets/current liabilities). Calculate the current ratio...
-
John has to choose between Project A and Project B, which are mutually exclusive. Project A has an initial cost of $30,000 and an internal rate of return of 16 percent. Project B has an initial cost...
-
Complete the table below, for the above transactions
Study smarter with the SolutionInn App