Top Posters
Since Sunday
d
4
N
3
3
R
3
k
3
o
3
Z
3
j
3
s
3
d
3
J
3
1
3
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Sublight2097 Sublight2097
wrote...
Go to Answer
Posts: 4132
Rep: 15 0
9 years ago
The profits of business firms, defined as the difference between total revenue and total cost, are not zero because
A) capitalists have a near monopoly over the means of production.
B) information is a scarce good.
C) the government defines some opportunity costs as revenue in order to increase tax receipts.
D) there would be no investment if firms did not earn positive profits.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
Read 233 times
3 Replies
Replies
Answer verified by a subject expert
SmooothSmoooth
wrote...
#1
Top Poster
Posts: 5500
Rep: 381 0
9 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Sublight2097 Author
wrote...
#2
9 years ago
Seriously, you've been tremendously helpful! Thank you.
wrote...
#3
9 years ago
Don't mention it Happy Dummy
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1386 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 2430
  
 303
  
 347
Your Opinion
Which is the best fuel for late night cramming?
Votes: 231
Previous poll results: Which 'study break' activity do you find most distracting?