When a firm in perfect competition has economic profit is equal to zero?

A rodent species that once experienced much predation now has lower predation risk. As a consequence, the mortality of maturing individuals is reduced. What will be the most likely response to a reduction in mortality

Consumers influence the decisions of producers in which of the following ways? A. By setting prices for natural resources. B. Because consumers are also workers. C. Through the purchasing decisions they make. D. Only in a planned economy.

Which of the following is not true about a good resume? A. It is tailor made for each job B. It is two or more pages long C. It is easy to read and pleasing to look at D. It is free of grammatical and spelling errors

Magic Mountain retires its 8% bonds for $124,000 before their scheduled maturity. At the time, the bonds have a face value of 122,000 and a carrying value of $114,000. Record the early retirement of the bonds.

Pronghorn Corporation had income from continuing operations of $12,100,000 in 2017. During 2017, it disposed of its restaurant division at an after-tax loss of $208,000.

Marks Corporation's balance sheet appears below: Comparative Balance Sheet Ending Balance Beginning Balance Assets: Cash and cash equivalents $ 47 $ 37 Accounts receivable 53 57 Inventory 63 60 Property, plant, and equipment 548 440 Less accumulated

What happens to prices and wages during an expansion?

Suppose that the equilibrium price of greeting cards declined at the same time the equilibrium quantity of greeting cards increased. Which one of the following would most likely be responsible? a.

You plan to borrow $ 2 comma 000 from a bank. In exchange for $ 2 comma 000 today, you promise to pay $ 2 comma 100 in one year. What does the cash flow timeline look like from your perspective? What does it look like from the bank's perspective?

Which of the following is indicative of a short-term restrictive financial policy? a) purchasing inventory only as needed b) granting credit to more customers c) increased investment in marketable securities d) maintaining a large accounts