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Author Question: If an economic agent's returns to entrepreneurship is likely to be lower than his opportunity cost ... (Read 90 times)

mwit1967

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on: Jun 30, 2018
If an economic agent's returns to entrepreneurship is likely to be lower than his opportunity cost of entrepreneurship:
 
  A) he will choose to be an entrepreneur.
  B) he will always make profits if he chooses to be an entrepreneur.
  C) he will always make losses if he chooses to be an entrepreneur.
  D) he will not choose to be an entrepreneur.

Question 2

An economy in which government bureaucracy decides how much of a good to produce, how to produce the good, and who gets the good is known as a
 
  A) centrally planned economy. B) market economy.
  C) mixed economy. D) laissez-faire economy.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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britb2u

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Reply #1 on: Jun 30, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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mwit1967

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Reply #2 on: Jun 30, 2018
Thank you


britb2u

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Reply #3 on: Jun 30, 2018
No problemo


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