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

Author Question: When economists say entrepreneurs have a comparative advantage in arbitrage activity, they are ... (Read 77 times)

Pineapplelove6

  • Hero Member
  • *****
  • Posts: 560
on: Jun 29, 2018
When economists say entrepreneurs have a comparative advantage in arbitrage activity, they are saying
 
  A) entrepreneurs are efficient at selling their products below cost.
  B) entrepreneurs are efficient at selling their products at cost.
  C) entrepreneurs are efficient at discovering opportunities to buy goods low and sell them at higher prices.
  D) entrepreneurs are efficient at resolving disputes of interest over titles to scarce property rights.

Question 2

Refer to the scenario above. If the investor plans to invest a sum of 4,000, the net present value of Option B is:
 
  A) -1,536.34.
  B) -2,322.12.
  C) 157.46.
  D) 1,800.79.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kxciann

  • Sr. Member
  • ****
  • Posts: 356
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


Pineapplelove6

  • Hero Member
  • *****
  • Posts: 560
Reply #2 on: Jun 29, 2018
Thank you :)


kxciann

  • Sr. Member
  • ****
  • Posts: 356
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Enzyme activity is affected substantially by temperature Enzyme activity is affected substantially by temperature
Monitoring Volcanic Activity Monitoring Volcanic Activity
Telomere length is related to the amount of time adults spend in leisure time activity. Source: Ada Telomere length is related to the amount of time adults spend in leisure time activity. Source: Ada
Control of glycogen phosphorylase activity Control of glycogen phosphorylase activity
Feedback regulation of HMG-CoA reductase activity Feedback regulation of HMG-CoA reductase activity
Perception Activity Perception Activity
Video: Subunits of DNA And Semi Conservative Replication

For a complete list of videos, visit our video library