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NNADVOKAT [17]
3 years ago
6

T/F: If Harold runs a grocery store and is making a normal rate of return, we can infer that he is also making an economic profi

t.
Business
1 answer:
Misha Larkins [42]3 years ago
3 0

Answer:

False

Explanation:

It does not necessarily means that when a firm gets a normal rate of return, it earns economic profit also, as it depends on various factors:

  • In the short run every firm aims to recover its variable cost, and in it's long term duration to recover its total cost, but it does not necessarily conclude that the return will attain the level of earning economic profit.
  • Normal rate of return is based on competitive market, as an average rate of return on market, but if the investment is made from borrowed funds, it might be that the company is not able to pay the cost of borrowing in that case it is even after attaining the normal rate of return it will not earn economic profit.
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Answer:

Explanation:

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7 0
3 years ago
Knollcrest Corporation has a cumulative book loss over the past 36 months. Which of the following statements best describes how
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When managing your human resources, _____________ is the process of deciding who should be hired, under legal guidelines, to ser
LenaWriter [7]
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8 0
4 years ago
is a form of trading arrangement in which part or all of the payment for purchased goods or services is in the form of other goo
Elan Coil [88]

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The not unusual function of counter-change preparations is that export income to a particular market is made conditional upon undertakings to simply accept imports from that marketplace. for instance, an exporter can also promote machinery to USA X in a situation where he accepts agricultural merchandise from X for a fee.

A countertrade approach targets temporary corrections in a trending security fee motion to profit. The method involves buying/promoting security that has skilled an impulsive bearish/bullish flow within the hopes that a corrective move higher/decrease will permit them to sell/buy it back at that better/lower fee.

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8 0
2 years ago
In an automobile company, the vice president of research and development wants to plan and coordinate the launch of a new car wi
nikdorinn [45]

Answer

Hi,

This type of communication could be interpersonal communication or formal communication

Explanation

Interpersonal communication occurs in company when it is done between two or more individuals at a workplace. For this case, the communication was between the vice president of research and development and the vice president of marketing. This could also be a formal communication where a hierarchy at the workplace is followed because the two vice presidents from different departments first talked before involving junior staff members. In this case, the two vice presidents are communicating formally with each other to get work done.

Welcome!

4 0
3 years ago
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