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 49 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

rachel

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Lymphatic vessels (green) pick up excess tissue fluid, purify it in lymph nodes, and return it to th Lymphatic vessels (green) pick up excess tissue fluid, purify it in lymph nodes, and return it to th
A child in an orphanage in Juba, Sudan. The treatment of this child is likely to affect his ability ... A child in an orphanage in Juba, Sudan. The treatment of this child is likely to affect his ability ...
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 ...
Factors That Affect Your Basal Metabolic Rate Factors That Affect Your Basal Metabolic Rate
Entrepreneurship: Starting and Operating a Small Business (3rd Edition) Entrepreneurship: Starting and Operating a Small Business (3rd Edition)
Video: A Human Karyotype Preparation Animation

For a complete list of videos, visit our video library