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

Author Question: If an economic agent's returns to entrepreneurship is likely to be lower than his opportunity cost ... (Read 100 times)

mwit1967

  • Hero Member
  • *****
  • Posts: 501
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
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

britb2u

  • Sr. Member
  • ****
  • Posts: 331
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.
Answer Preview
Only 56% of students answer this correctly


mwit1967

  • Hero Member
  • *****
  • Posts: 501
Reply #2 on: Jun 30, 2018
Thank you


britb2u

  • Sr. Member
  • ****
  • Posts: 331
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Ronald Reagan rides a horse—a familiar photo opportunity for presidents. But Reagan was an amiable ... Ronald Reagan rides a horse—a familiar photo opportunity for presidents. But Reagan was an amiable ...
A horizontally opposed engine design helps to lower the vehicle’s center of gravity. A horizontally opposed engine design helps to lower the vehicle’s center of gravity.
The target lambda on this vehicle is slightly lower than 1.0 indicating that the PCM is attempting ... The target lambda on this vehicle is slightly lower than 1.0 indicating that the PCM is attempting ...
Economic Differentiation in China Economic Differentiation in China
Typical Startup Cost Categories Cont. Typical Startup Cost Categories Cont.
economic question (having trouble) economic question (having trouble)
Video: Bone Growth and Remodeling

For a complete list of videos, visit our video library