If PetsCom Is Earning a Rate of Return Less Than Necessary

question 243

Multiple Choice

If Pets.com is earning a rate of return less than necessary for the business to continue operations, then

• A) total revenue exceeds economic costs.
• B) economic costs exceed total revenue.
• C) normal profit is zero.
• D) economic profit is zero.

---

Definitions:

Conscious Awareness

The state of being aware of one's surroundings, actions, thoughts, or feelings.

Recognizing

The cognitive process of identifying previously encountered information, objects, or situations.

Parallel Processing

The brain's capacity to process multiple components of information simultaneously.

Familiar Objects

Items or entities that are commonly recognized by an individual due to repeated exposure or inherent knowledge.