A firm in a purely competitive industry has a typical cost structure. the normal rate of profit in the economy is 5 percent. this firm is earning $5.50 on every $50 invested by its founders. instructions: enter your answers as whole numbers.
a. what is its percentage rate of return
+3
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A firm in a purely competitive industry has a typical cost structure. the normal rate of profit in the economy is 5 percent. this firm is ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Home » Business » A firm in a purely competitive industry has a typical cost structure. the normal rate of profit in the economy is 5 percent. this firm is earning $5.50 on every $50 invested by its founders. instructions: enter your answers as whole numbers. a.