1) Explain why economic profit provides a better
measure of profit than accounting profit.
2) Explain what occurs when a new technology makes
another one obsolete in terms of economic profit.
Consider firm A to be an existing firm using the old
technology. Firm B is the new firm with the new
technology. Firm A earned positive profits for
years, but with the entrance of Firm B, Firm A’s
goods and services are no longer desired.
3) It is often stated that free cash flow is the same as
economic profit. Define free cash flow.
Demonstrate whether it is or is not the same as
economic profit.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more