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

Author Question: Comment on how extractive institutions affect: a) the return-to-entrepreneurship schedule. b) the ... (Read 47 times)

Anajune7

  • Hero Member
  • *****
  • Posts: 574
on: Jun 30, 2018
Comment on how extractive institutions affect:
  a) the return-to-entrepreneurship schedule.
  b) the opportunity cost of entrepreneurship schedule.
 
  What will be an ideal response?

Question 2

When you make a purchase at a retail store by giving your bank an instruction to transfer funds directly from your bank account to the store's bank account, you have most likely made the purchase using
 
  A) a loan. B) a debit card. C) credit. D) cash.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Swizqar

  • Sr. Member
  • ****
  • Posts: 357
Reply #1 on: Jun 30, 2018
Answer to Question 1

a) By creating insecure property rights and limiting legal back up, extractive institutions make entrepreneurship less profitable and shift the return-to-entrepreneurship schedule leftward.
b) By creating entry barriers, extractive institutions make entry more costly and shift the opportunity cost of entrepreneurship schedule upward.

Answer to Question 2

B


Anajune7

  • Member
  • Posts: 574
Reply 2 on: Jun 30, 2018
:D TYSM

adf223

  • Member
  • Posts: 304
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

An appointment schedule with a completed matrix. An appointment schedule with a completed matrix.
Example of a cycle billing schedule. Example of a cycle billing schedule.
Fuel should be heard returning to the fuel tank at the fuel return line if the fuel-pump and ... Fuel should be heard returning to the fuel tank at the fuel return line if the fuel-pump and ...
Regional differences affect soil fertility Regional differences affect soil fertility
Return to the icehouse Return to the icehouse
Entrepreneurship: Starting and Operating a Small Business (3rd Edition) Entrepreneurship: Starting and Operating a Small Business (3rd Edition)
Video: Wound Cultures

For a complete list of videos, visit our video library