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Home Q & A Board Other Fields Homework Help Business Economics
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Loraine Loraine
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8 years ago
If a business owner decided to expand her business but rather than borrowing money from a bank used her own funds, then
A) she would be unable to earn a normal profit.
B) there is no cost associated with the expansion.
C) she would forego the opportunity to earn interest on the money.
D) the amount of her funds she used is an explicit cost.
E) the amount of her funds she used is part of her normal profit.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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Chimelo46Chimelo46
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8 years ago
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8 years ago
It was nothing, thanks for updating us.
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