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

Author Question: Entrepreneurs do all of the following EXCEPT A) organize labor, land, and capital. B) come up ... (Read 56 times)

magmichele12

  • Hero Member
  • *****
  • Posts: 559
on: Jun 29, 2018
Entrepreneurs do all of the following EXCEPT
 
  A) organize labor, land, and capital.
  B) come up with new ideas about what and how to produce.
  C) bear risk from business decisions.
  D) own all the other resources used in the production process.

Question 2

In the above figure, the economy is at point A. Then the price level falls to 90 while the money wage rate does not change. 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.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tdewitt

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


magmichele12

  • Member
  • Posts: 559
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

jojobee318

  • Member
  • Posts: 298
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Welcome sign for Kenton, Tennessee, an example of competition for "White Squirrel Capital" Welcome sign for Kenton, Tennessee, an example of competition for "White Squirrel Capital"
Natural capital degradation Natural capital degradation
Stages of Labor Stages of Labor
Child Labor Rates and GDP Worldwide Child Labor Rates and GDP Worldwide
The Distribution of the World's Land and Population The Distribution of the World's Land and Population
For millions of people, the United States represents a land of opportunity and freedom from ... For millions of people, the United States represents a land of opportunity and freedom from ...
Video: Virtual Tour of the Eye Animation

For a complete list of videos, visit our video library