What are the major sources of economic profit?
A) certainty, monopolistic competition, and inelastic supply.
B) competition, perfect information, and elasticity of market demand.
C) barriers to entry, uncertainty, and entrepreneurial alertness.
D) externalities, inflation, and size of firm.
Correct Answer:
Verified
Q54: At an interest rate of 6 percent,
Q55: Which of the following will most directly
Q56: Which one of the following is least
Q57: As the present value of the future
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Q60: Which of the following is true?
A) Uncertainty
Q61: If the interest rate is 10 percent,
Q62: At a discount rate of 6 percent,
Q63: If the interest rate is 9 percent,
Q64: If the interest rate is 10 percent,
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