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Entrepreneurs do all of the following except:
a. decide for whom goods and services are produced.
b. face risks that arise from making business decisions.
c. create new ideas about what and how to produce.
d. make business decisions.
Explain and graph how the economy can “fix itself” and move to the long run equilibrium? Will the price level at the long-run equilibrium be greater than, less than, or equal to 110?
q.complete the international trade simulation.list at least one benefit also one limitation of international trade you
Why do marginal costs first fall and then begin to rise? Why are marginal costs important to a firm when making decisions to increase or decrease production?
Consider a couple's decision about how many children to have. Assume that over a lifetime a couple has 200,000 hours of time to either work or raise children.
By how much will total economic surplus change if the city council passes a law requiring employers to include full reimbursement
the nhfishercats are debating whether to build a new restroom in the leftfield area near the patio adjoining the
What is the probability that a can of soup will have between 9.4 and 10.3 ounces? What is the mean weight of a can of soup? d. What is the standard deviation of the weight?
What will the equilibrium be. How do producer and consumer surplus change from the perfectly competitive case.
Explain how does a firm solve this pricing problem to maximise profits. Explain, using a diagram to support your answer.
firms raise capital from investors by issuing shares in the primary markets. does this imply that corporate financial
Consider both sides of the argument and come to a decision of whether to close the plant or continue to operate it. How would you explain to either the president or the CEO that he or she is wrong?
What is opportunity cost of producing a barrel of oil in Saudi Arabia. In United States. Which country has comparative advantage in producing oil.
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