If a Firm Goes Out of Business Because of Negative

question 111

Multiple Choice

If a firm goes out of business because of negative economic profits,its books

• A) might indicate a positive accounting profit.
• B) might indicate that opportunity costs were zero.
• C) might indicate that taxes are too high.
• D) might suggest a mistaken value of explicit costs.

---

Definitions:

Visual Cortex

The region of the cerebral cortex responsible for receiving and interpreting sensory signals from the eyes.

fMRI

Functional Magnetic Resonance Imaging, a neuroimaging procedure that measures brain activity by detecting changes associated with blood flow.

Flashing Pattern

A visual signal sequence where light is turned on and off in a particular rhythm or sequence, often used in warning signals or communication devices.

Phi Effect

A visual illusion where stationary objects are perceived to be moving due to rapid sequential light stimulation.