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.

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Definitions:

Social Approval

The acceptance or endorsement by a community or society of an individual's behavior, actions, or standards, often crucial for social integration.

Sexually Restrictive

Pertaining to practices or policies that limit or regulate sexual activities and behaviors.

Salafis

Followers of a conservative movement within Sunni Islam that advocates a return to the practices of the first three generations of Islamic practitioners.

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale.