A firm that is NOT maximizing profits
A) would never be able to operate in the United States.
B) must not be owned by stockholders.
C) may find it difficult to raise financial capital from external capital markets.
D) is likely to face legal prosecution from the Department of Commerce.
Correct Answer:
Verified
Q201: Any business wanting to attract financial capital
Q202: A firm is making zero economic profits.
Q203: When accounting profits are positive, economic profits
A)
Q204: The problem with the separation of ownership
Q205: When economic profits are zero, accounting profits
A)
Q207: Hillary starts her own business. She quits
Q208: When economic profits are negative, accounting profits
A)
Q209: The amount that must be paid to
Q210: Economic profits are found by total revenues
Q211: Accounting profits are found by total revenues
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