Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

An industry in a short-run equilibrium is experiencing economic losses. In the long run, Question 30Select one: A. the equilibrium quantity rises. B. the equilibrium

An industry in a short-run equilibrium is experiencing economic losses. In the long run, Question 30Select one: A. the equilibrium quantity rises. B. the equilibrium price falls. C. economic profits remain negative. D. the supply curve shifts rightward. E. businesses earn just normal profits.Suppose the bank interest rate is 5% and the total return you require to invest in a risky business is 13%. What is your risk premium? Question 31Select one: A. 5% B. 0% C. 13% D. 18% E. 8%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Economics

Authors: William F. Samuelson, Stephen G. Marks

8th edition

1118808940, 978-1119025900, 1119025907, 978-1119025924, 978-1118808948

More Books

Students also viewed these Economics questions

Question

What is a smart city?

Answered: 1 week ago

Question

8. How can an interpreter influence the message?

Answered: 1 week ago

Question

Subjective norms, i.e. the norms of the target group

Answered: 1 week ago