Examlex
If a firm cannot earn profits in the short run,it will shut down.
Net Profit Margin Ratio
A financial ratio indicating the percentage of net income generated from total revenue.
Balance Sheet
A statement of finance that shows a corporation's assets, liabilities, and owner's equity at a specific moment.
Balance Sheet
An accounting record that outlines a business's assets, obligations, and equity of shareholders at a designated time.
Total Asset Turnover Ratio
An indicator assessing the capability of a firm to turn its assets into sales revenue efficiently.
Q25: In the short run<br>A)firms will shut down
Q51: Common knowledge in game theory<br>A)is information known
Q54: A firm can minimize cost by<br>A)picking the
Q63: Consumers who put a high value on
Q73: If a competitive firm cannot earn a
Q82: The slope of the isocost line tells
Q86: If a market produces a level of
Q88: A payoff matrix<br>A)shows the payoffs (i.e. bribes)required
Q92: Sarah earns $40,000 per year working for
Q98: A perfect price discriminating equilibrium maximizes<br>A)consumer surplus.<br>B)the