A critical element of entrepreneurship (as opposed to managerial skills) is
A) leadership skills.
B) risk taking.
C) technology.
D) political skills.
B
You might also like to view...
Suppose a market were currently at equilibrium. A rightward shift of the supply curve would cause a(n)
A) increase in price but a decrease in quantity. B) decrease in price but an increase in quantity. C) increase in both price and quantity. D) decrease in both price and quantity.
Suppose a perfectly competitive ukulele factory can produce 35 ukuleles at an output at which marginal cost equals marginal revenue. The price per ukulele is $1300 and the average total cost is $1500
What is the profit or loss that this furniture factory is earning? A) $700.00 B) -$7,000.00 C) -$1,050.00 D) -$450.00
The age-earnings cycle is
A) the distribution of money income by age. B) the distribution of wealth by age. C) the relationship between earnings while working and retirement benefits for an individual. D) the regular earnings profile of an individual throughout his or her lifetime.
Winning a common-value auction is
a. An indication that your valuation may have been spot on b. An indication that your valuation may have been too pessimistic c. Indicates that your valuation may have been too optimistic d. None of the above