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Home Q & A Board Other Fields Homework Help Business Economics
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Sublight2097 Sublight2097
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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:
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SmooothSmoooth
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#1
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9 years ago
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Sublight2097 Author
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#2
9 years ago
Seriously, you've been tremendously helpful! Thank you.
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#3
9 years ago
Don't mention it Happy Dummy
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