« previous next »

Author Question: Entrepreneurs tend to have a comparative advantage in A) arbitrage. B) manipulating market ... (Read 81 times)

jasdeep_brar

  • Hero Member
  • *****
  • Posts: 569
on: Jun 29, 2018
Entrepreneurs tend to have a comparative advantage in
 
  A) arbitrage.
  B) manipulating market prices.
  C) stealing other people's ideas.
  D) selling their products below cost.
  E) hiring others to act as residual claimants.

Question 2

A firm should shut down in the short run if the price is less than the:
 
  A) average fixed cost.
  B) average total cost.
  C) average variable cost.
  D) marginal cost.


ambernicolefink

  • Sr. Member
  • ****
  • Posts: 359
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Linked alleles tend to be inherited together Linked alleles tend to be inherited together
Comparative sizes of the Earth and the Moon Comparative sizes of the Earth and the Moon
A slave market in Marrakesh, Morocco. This lithograph is from the 1800s. A slave market in Marrakesh, Morocco. This lithograph is from the 1800s.
Project Management: Achieving Competitive Advantage, 5th Edition Project Management: Achieving Competitive Advantage, 5th Edition
Stock Market Tracks Growth in GDP Stock Market Tracks Growth in GDP
Markets and Institutions Market Story Problem Markets and Institutions Market Story Problem
Video: EpiPen Animation (Part 1)

For a complete list of videos, visit our video library