This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: When economists say entrepreneurs have a comparative advantage in arbitrage activity, they are ... (Read 106 times)

Pineapplelove6

  • Hero Member
  • *****
  • Posts: 560
on: Jun 29, 2018
When economists say entrepreneurs have a comparative advantage in arbitrage activity, they are saying
 
  A) entrepreneurs are efficient at selling their products below cost.
  B) entrepreneurs are efficient at selling their products at cost.
  C) entrepreneurs are efficient at discovering opportunities to buy goods low and sell them at higher prices.
  D) entrepreneurs are efficient at resolving disputes of interest over titles to scarce property rights.

Question 2

Refer to the scenario above. If the investor plans to invest a sum of 4,000, the net present value of Option B is:
 
  A) -1,536.34.
  B) -2,322.12.
  C) 157.46.
  D) 1,800.79.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kxciann

  • Sr. Member
  • ****
  • Posts: 356
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


Pineapplelove6

  • Hero Member
  • *****
  • Posts: 560
Reply #2 on: Jun 29, 2018
Thank you :)


kxciann

  • Sr. Member
  • ****
  • Posts: 356
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Ras signalling activity is governed by bound GDP/GTP Ras signalling activity is governed by bound GDP/GTP
Supermassive Black Holes as Engines for Galactic Activity Supermassive Black Holes as Engines for Galactic Activity
The cortex, hypothalamus, amygdala, and ventral striatum: their putative roles in sexual activity. ... The cortex, hypothalamus, amygdala, and ventral striatum: their putative roles in sexual activity. ...
Lightning Casualties in the United States by Location or Activity Lightning Casualties in the United States by Location or Activity
Control of glycogen synthase activity Control of glycogen synthase activity
Enzyme activity varies with temperature Enzyme activity varies with temperature
Video: Mechanism of enzyme action

For a complete list of videos, visit our video library