The rate of return necessary to attract and retain capital investment is called:
A) ROE.
B) economic losses.
C) normal profit.
D) economic profit.
Correct Answer:
Verified
Q8: By itself, a reduction in import tariffs
Q9: In a perfectly competitive market:
A) sellers and
Q10: Price and product quality competition tends to
Q11: For a firm in perfectly competitive market
Q12: In the long run, firms will offer
Q14: A firm will earn normal profits when
Q15: Above-normal profits in a perfectly competitive market
Q16: Industry cartels never:
A) give rise to price
Q17: In the long run, firms will exit
Q18: In perfectly competitive markets, profits are maximized
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