The employee is thinking like an entrepreneur in which of the following situations?
A) A cashier rings up the total purchase price of the goods in the customer's cart.
B) A staff member brings a plan to the supervisor which describes how to reduce costs and attract new customers.
C) An employee attends a monthly staff meeting on company policies and procedures.
D) An hourly employee goes to work and performs only the required tasks.
B) A staff member brings a plan to the supervisor which describes how to reduce costs and attract new customers.
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When personal savings rates are ________, it takes ________ change in government purchases to have a given amount of impact of real GDP.
A. higher; more B. unstable; less C. unstable; more D. higher; less
The sequence of events following a contractionary monetary policy would be higher interest rates followed by dollar
A. depreciation, higher exports, and lower imports. B. depreciation, lower exports, and higher imports. C. appreciation, lower exports, and higher imports. D. appreciation, higher exports, and lower imports.
Refer to the table below. The average cost of 5 units of activity is:Units ofActivity TotalCostTotalBenefit0$0$01$2$122$6$223$12$304$20$365$30$406$42$427$56$43
A. $8 B. $10 C. $4 D. $6
The intensity of competition in a market can be ________ to inspire a business to undertake innovative activities.
A. too low B. too great or too low C. too great D. not low enough or not great enough