Statement 1 : No firm will stay in business more than one year if it is losing

Question:

Statement 1 : No firm will stay in business more than one year if it is losing large sums of money. Statement 2 : Many dot-coms have lost money in the short run.

a) Statement 1 is true, and statement 2 is false.

b) Statement 2 is true, and statement 1 is false.

c) Both statements are true.

d) Both statements are false.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Microeconomics

ISBN: 9780077641542

11th Edition

Authors: Stephen Slavin

See More Books

Question Posted: Feb 29, 2024 07:00 AM

See More Questions

Determine the normal force, shear force, and moment at points E and F of the compound beam. Point E is located just to the left of 800-N force. A 800 N E -1.5 m-1 1200 N 4 5 3 B m2 m- 400 N/m \F -1...
Carol Harris, Ph.D, CPA, is a single taxpayer and she lives at 674 Yankee Street, Durham, NC 27409. Her Social Security number is 793-52-4335. Carol is an Associate Professor of Accounting at a local...
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1 and 2. On September 1, Irene opened a retail store that specializes in sports car...
Some rocks or bricks contain small air pockets in them and have a spongy structure. Assuming the air spaces form columns of an average diameter of 0.006 mm, determine how high water can rise in such...
THQ Inc. is among the biggest video game makers in the world. Assume that THQ made the following announcement: Required 1. Does the reason given for the change in year-end indicate that this change...
Five administrative assistants use an office copier. The average time between arrivals for each assistant is 40 minutes, which is equivalent to an arrival rate of 1/40 = 0.025 arrival per minute. The...
Why has container shipping been such a revolutionary and resilient phenomenon? LO.1
Use the Sweet Valley data from Problem P14-41B. In Problem P14-41b The 2018 income statement and comparative balance sheet of Sweet Valley, Inc. follow: SWEET VALLEY, INC. Income Statement Year Ended...
OHara Associates sells golf clubs, and with each sale of a full set of clubs provides complimentary club-fitting services. A full set of clubs with the fitting services sells for $1,520. Similar...
Under perfect competition there are so many firms that no one firm has any influence over _______.
Profit per unit is ________. a) MF d) FJ b) MG e) GJ c) MJ Price ($) - I E O Figure 4 KL J Output G F M LL MC ATC D, MR AVC
In a shunt motor, the permanent magnet is replaced by an electromagnet activated by a field coil that shunts the armature. The shunt motor shown in Fig. 33-4 has an armature resistance of 0.050 and...
The University of Cincinnati Center for Business Analytics is an outreach center that collaborates with industry partners on applied research and continuing education in business analytics. One of...
For a data set of the pulse rates for a sample of adult females, the lowest pulse rate is 38 beats per minute, the mean of the listed pulse rates is x = 78.0 beats per minute, and their standard...
A student earned grades of A, C, B, A, and D. Those courses had these corresponding numbers of credit hours: 5, 3, 4, 3, and 2. The grading system assigns quality points to letter grades as follows:...
Ch 3: Forecasting: Tracking Signals, Mad, Exponential Smoothing, Control Charts Media Consultants (10 Pts). Media Consultants uses proven techniques to measure forecast accuracy and to determine when...
Question 2 What is the energy (in joules) of the photon absorbed by a hydrogen atom to cause a ground-state electron to move to the n = 3 energy level? Record your answer in scientific notation to 3...
The Royal Canadian Mint sells one troy ounce (31.16 grams) platinum collector coins of 99.95% purity. How many milligrams of impurities are in a single coin?
Explain the Hawthorne effect.
1. A firms short-run supply curve shows the relationship between ________ on the horizontal axis and________ on the vertical axis. 2. To draw a firms short-run supply curve, you need its ________...
1. A firms short-run supply curve shows the relationship between ________ on the horizontal axis and________ on the vertical axis. 2. To draw a firms short-run supply curve, you need its ________...
1. A firms short-run supply curve shows the relationship between ________ on the horizontal axis and________ on the vertical axis. 2. To draw a firms short-run supply curve, you need its ________...
Sociology
I am unsure how to answer question e as there are two variable changes. In each of the following, you are given two options with selected parameters. In each case, assume the risk-free rate is 6% and...
On January 1, Interworks paid a contractor to construct a new cell tower at a cost of $850,000. The tower had an estimated useful life of ten years and a salvage value of $100,000. Interworks...

Statement 1 : No firm will stay in business more than one year if it is losing

Question:

Step by Step Answer:

The correct answer is b Statement 2 is true and statement 1 is false Heres why Statement 1 False Whi...View the full answer

Microeconomics

Students also viewed these Business questions