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Author Question: Entrepreneurs directly do all of the following EXCEPT A) create new ideas about what and how to ... (Read 123 times)

Coya19@aol.com

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  • Posts: 601
on: Jun 29, 2018
Entrepreneurs directly do all of the following EXCEPT
 
  A) create new ideas about what and how to produce.
  B) make business decisions.
  C) face risks that arise from making business decisions.
  D) decide for whom goods and services are produced.

Question 2

In the above figure, the economy is at point A. Then the price level rises to 110 while the money wage rate remains constant. Firms will be willing to supply output equal to
 
  A) less than 16.0 trillion.
  B) 16.0 trillion.
  C) more than 16.0 trillion.
  D) Without more information, it is impossible to determine which of the above answers is correct.


diana chang

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


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