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

Author Question: In a circular-flow model, households supply all of the following except a. labor b. goods and ... (Read 75 times)

Mr. Wonderful

  • Hero Member
  • *****
  • Posts: 866
on: Jul 1, 2018
In a circular-flow model, households supply all of the following except
 a. labor
  b. goods and services
  c. capital
  d. entrepreneurial ability
  e. natural resources

Question 2

Which of the following is true about entrepreneurs?
 a. They have the talent required to dream up a new product or find a better way to produce an existing one.
  b. They are rewarded by profits.
  c. They sometimes suffer losses.
  d. They benefit from what's left over after paying other resource suppliers.
  e. All of the answers are correct.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

joshbk44

  • Sr. Member
  • ****
  • Posts: 340
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

E


Mr. Wonderful

  • Member
  • Posts: 866
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

raili21

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Great answer, keep it coming :)

« 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?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Common sites of amputation. (A) Upper extremities. (B) Lower extremities. The surgeon determines th Common sites of amputation. (A) Upper extremities. (B) Lower extremities. The surgeon determines th
The functioning of the heart valves and blood flow. The functioning of the heart valves and blood flow.
Induced-fit model of enzyme activity. Induced-fit model of enzyme activity.
I know this is complicated, but take a crack at it anyway. This is a model of disequalibrium and its ... I know this is complicated, but take a crack at it anyway. This is a model of disequalibrium and its ...
Coolant flow through the impeller and scroll of a coolant pump for a V-type engine. Coolant flow through the impeller and scroll of a coolant pump for a V-type engine.
Ecosystem goods and services and monetary values Ecosystem goods and services and monetary values
Video: Bone tissue types - compact and spongy

For a complete list of videos, visit our video library