In a situation of negative economic profits: a. the costs of production cannot be paid b. accounting

Question:

In a situation of negative economic profits:

a. the costs of production cannot be paid

b. accounting profits are negative

c. accounting profits could be positive or negative

d. the firm will shut down

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

Step by Step Answer:

Related Book For book-img-for-question

Principles Of Agricultural Economics

ISBN: 9780415540704

1st Edition

Authors: Andrew Barkley, Paul W. Barkley

See More Books

Question Posted: Apr 17, 2024 08:01 AM

See More Questions

Introduction In 2010, New United Motor Manufacturing, Inc., a unique and highly successful joint venture between Americas General Motors and Japans Toyota, went out of business. NUMMI, as the...
If we draw 100 numbers from N(50, 20), using the empirical rule, we expect how many of these numbers to be between 30 and 70?
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
describe Jarir bookstore by providing the followings: - A brief introduction regarding the history of this brand and its main activity? - Describe how and why the brand's activity has evolved through...
Fizbo Corporation is in the business of breeding and racing horses. Fizbo has taxable income of $5,000,000 other than from these transactions. It has non-recaptured 1231 losses of $10,000 from 2010...
What is a collaborative robot? What is an uncollaborative one?
Do new global challengers pose any threat to firms from advanced economies? Explain. LO.1
The Byers Company presents the following condensed income statement for 2007 and condensed December 31, 2007 balance sheet: Additional information: 1. The company's common stock and preferred stock...
What types of business situations or problems might best lend themselves to multiple linear regression? What types may not? When do you anticipate using a multiple linear regression model in your...
In the short run: a. only fixed costs exist b. only variable costs exist c. both fixed and variable costs are present d. neither fixed nor variable costs are present
When economic profits equal zero: a. the firm should shut down b. the firm must increase profits c. the resources employed by the firm are underpaid d. resources are earning exactly what they are...
The adjusting and closing process at the end of the period is virtually the same for corporations as for sole proprietorships and partnerships. True/False
Why is it critical to immediately contact your Engagement Partner when you suspect or identify non-compliance? He or she will ensure that the non-compliance doesn't affect the Client's reputation He...
Question 9: Determine the current and its direction, in each resistor, for the circuit shown below. Show your calculations. R=152 9.0 V + 12V ww R=75 2 R3= 50
how can The High - Tech Way To Recycle Clothes sustainable. and what they offer and what are their ecofriendly
James Bondbuyer purchases a Treasury bond on Monday, May 2, regular way settlement. The bond pays interest on January 15 and July 15. How many days of accrued interest will be owed to the seller? A...
Aviation and air traffic control have come a long way in the last 100-years. Some believethat we have reached a plateau and that growth in aviation will stop. Aviation may go the way of the railroads...
Provide some examples of time series that exhibit a)trends, (b) seasonal patterns, and (c) cyclical patterns.
Write a while loop that uses an explicit iterator to accomplish the same thing as Exercise 7.3. Exercise 7.3. Write a for-each loop that calls the addInterest method on each BankAccount object in a...
Create a Data Table to depict the future value when you vary the interest rate and the investment amount. Use the following assumptions: Interest Rates: Investment Amounts:-10.0% $10,000.00 -8.0%...
Isaac earns a base salary of $1250 per month and a graduated commission of 0.4% on the first $100,000 of sales, and 0.5% on sales over $100,000. Last month, Isaac's gross salary was $2025. What were...
Calculate the price, including both GST and PST, that an individual will pay for a car sold for $26,995.00 in Manitoba. (Assume GST = 5% and PST = 8%) a$29,154.60 b$30,234.40 c$30,504.35 d$28,334.75...

In a situation of negative economic profits: a. the costs of production cannot be paid b. accounting

Question:

Step by Step Answer:

In a situation of negative economic profits accounting profits could be positive or negative Economi...View the full answer

Principles Of Agricultural Economics

Students also viewed these Business questions