If a firm fails to provide investors with at least a normal rate of return,
A) it will have a positive economic profit but a negative accounting profit.
B) it will not be able to remain in business in the short run.
C) it will shut down in the short run but will be able to remain in business in the long run.
D) it will not be able to remain in business in the long run.
D
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An increase in the capital stock shifts
a) short-run aggregate-supply curve to the left and long-run aggregate-supply curve to the right. b) short-run aggregate-supply curve to the right but does not shift long-run aggregate-supply curve. c) long-run aggregate-supply curve to the right but does not shift short-run aggregate-supply curve. d) both short-run and long-run aggregate-supply curve to the right.
Pollution from the U.S. Middle West may not only harm New England and Canada, it may extend to cause harm to the entire solar system
Indicate whether the statement is true or false