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Author Question: Complete the sentence. An entrepreneur advances a project only if the expected marginal benefit ... (Read 114 times)

jessicacav

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Complete the sentence. An entrepreneur advances a project only if the expected marginal benefit exceeds the expected marginal cost,
 
  A) and so does a government bureaucrat.
  B) but a government bureaucrat advances a project only if the marginal cost exceeds the marginal benefit.
  C) but a government bureaucrat is in no position to determine the cost of his own action.
  D) but a government bureaucrat has no concern about the benefit of his own action.

Question 2

Refer to the scenario above. If the individual places his bet on ten pockets, his likelihood of winning is:
 
  A) 5.
  B) 10.
  C) 20.
  D) 25.



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Alyson.hiatt@yahoo.com

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Answer to Question 1

A

Answer to Question 2

C




jessicacav

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


nyrave

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Reply 3 on: Yesterday
Gracias!

 

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