Assume that an investor invests $100,000 in a business venture. He earns an economic profit of $5,000. If the rate of return on an investment of equal risk is 10%, then the rate of return earned on the investment in the business venture is:
A) 25%
B) 15%
C) 10%
D) 5%
E) 20%
Correct Answer:
Verified
Q2: The following figure shows the long-run average
Q3: If short-run average cost is increasing then:
A)
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Q8: The average fixed cost for a firm
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