Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Economics Expert

How popular notion of business profit is is different from the economic profit concept? What role does the idea of normal profit play in this difference?

"In the long run, profit maximizing firm will never knowingly market unsafe products. However, in the short run, unsafe products can do a lot of damage.” Discuss the statement.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91707487

Have any Question?


Related Questions in Business Economics

Advertisements suggest that a new window design can save

Advertisements suggest that a new window design can save $400 per year in energy cost over its 30-year life. At an initial cost of $8,000 and zero salvage value, using IRR, is this window a good investment? MARR is 8%.

1 what are the modern firm-based international trade

1. What are the modern, firm-based international trade theories? 2. Describe how a business may use the trade theories to develop its business strategies. Use Porter's four determinants in your explanation. 3. What is th ...

Suppose a countrys real gdp is 18 trillion andnbspthat

Suppose a country's real GDP is $18 trillion and that population is 300 million. Instructions:  Enter your answers as whole numbers. a. What is this country's real GDP per capita? Suppose that during the next 10 years, r ...

Per capita income of winterfell is 15000 with a growth rate

Per capita income of Winterfell is $15,000 with a growth rate of 4%. Per capita income of King's Landing is $25,000 with a growth rate of 0%. How long until per capita income is the same in both locations?

Iiq scores are normally distributed with a mean of 105 and

IIQ scores are normally distributed with a mean of 105 and a standard deviation of 18. Assume that many sampkes of size n are taken from a large population of people and the mean IQ score is computed for each sample. (a) ...

In random sampling why is cluster sampling an example of

In random sampling, why is cluster sampling an example of probability sampling?

Poblem 1 a firms production function c is given by c q

Problem 1. A firm's production function C is given by C (q) = 0:5q 2+2q 1 2 +18, where q is the level of output. (i) Calculate marginal costs (ii) If all fixed costs are sunk, and the minimum price at which this firm wil ...

What statistic was calculated to determine differences

What statistic was calculated to determine differences between the intervention and control groups for the lumbar and femur neck BMDs? Were the groups significantly different for BMDs?

Can someone help me determine how 1107 was obtainedin order

Can someone help me determine how 11.07 was obtained? In order to determine the Chi-Square Critical for the Chi-Square. You need to find out the Degrees of Freedom (DF)  DF = (Number of Rows - 1 * Number of Columns - 1) ...

A researcher conducts a hypothesis test using a sample from

A researcher conducts a hypothesis test using a sample from an unknown population. If the t statistic has df = 35, how many individuals were in the sample?

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As