Question 73 1 pts The gross profits from capital, says Mill, must suffice for these three purposes Risk, effects of natural monopolies, and barriers to entry O Abstinence, risk, and labor or skills Abstinence, risk, and collateralization O Abstinence, risk, and leisure Question 74 1 pts Of the following. would not be considered a barrier to entry by Mill? O natural monopoly O technical expertise risk material costs high capital investment Question 75 1 pts Mill's Wal-Mart Principle: "small gains and frequent"-a great business at low prices rather than high prices and few transactions and by turning over their capital more rapidly, and adding to it by borrowed capital, when needed."-what does he mean regarding the subject of leverage? Profitability is ultimately tied to borrowing for location growth Profitability is ultimately tied to borrowing for building up and turning over inventories Profitability is ultimately tied to borrowing for the purpose of lowering product costs O Profitability is ultimately tied to borrowing for the purpose of lowering product prices so in order to increase total number of transactions Question 76 1 pts Mill says, of financial management, that if you really want to impact profitability right now, the most assured method is to increase productivity, even before decreasing wages. O True False