All of the following, except one, are included in the profit earned by a firm's owners. Which is the exception?

a. the reward for developing new products
b. the reward for moving an established business into new geographic markets
c. the reward for risk taking
d. salaries that compensate for the owners' time
e. dividend payments to the stockholders

D

Economics

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The primary purpose of ________ is to encourage the expenditure of funds on research and development to create new products

A) centrally planned economies B) government-run health care C) nationalizing oil companies D) patents and copyrights

Economics

The cornerstone of antitrust policy in the United States is generally considered to be the Sherman Antitrust Act of 1890.

Answer the following statement true (T) or false (F)

Economics