
The minimum amount that investors must earn on the funds they invest in a firm, expressed as a percentage of the amount invested, is referred to as
A) the explicit costs of production.
B) net worth.
C) net income.
D) a normal rate of return.
Correct Answer:
Verified
Q187: Because a firm has implicit costs as
Q188: An implicit cost is
A)a nonmonetary opportunity cost.
B)a
Q189: All of the following would be considered
Q190: Donnie's Donuts incurs $450,000 per year in
Q191: A firm's net income is also its
A)economic
Q193: Jake sells Star Wars memorabilia on eBay.His
Q194: What is economic profit?
A)gross revenue minus explicit
Q195: All of the following are examples of
Q196: The difference between a firm's assets and
Q197: Tanesha sells homemade candles over the Internet.Her
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