In 2006 Disney had
A) a positive economic profit.
B) accounting profits greater than the cost of capital.
C) a negative economic profit.
D) none of these choices.
C
Economics
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A farmer sells $25,000 worth of apples to individuals who take them home to eat, $50,000 worth of apples to a company that uses them all to produce cider, and $75,000 worth of apples to a grocery store that will sell them to households. How much of the farmer's sales will be included as apples in GDP?
a. $25,000 b. $150,000 c. $100,000 d. $125,000
Economics
According to the figure shown, if Nike charges a high price, then Adidas should:
A. charge a high price.
B. charge a low price.
C. leave the market.
D. give an ultimatum.
Economics