Entrepreneurs differ from managers because
a. they use innovation to gain advantage over their competitors.
b. managers use established managing styles; entrepreneurs do not.
c. entrepreneurs tend to take more risk than managers.
d. All of the above are correct.
d
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The labor force is the sum of
A) employed workers and individuals not looking for work. B) unemployed workers and the working-age population. C) employed workers and discouraged workers. D) employed workers and unemployed workers.
Assume that Y is normally distributed N(μ, σ2). To find Pr(c1 ≤ Y ≤ c2), where c1 < c2 and di = , you need to calculate Pr(d1 ≤ Z ≤ d2) =
A) Φ(d2) - Φ(d1) B) Φ(1.96) - Φ(1.96) C) Φ(d2) - (1 - Φ(d1)) D) 1 - (Φ(d2) - Φ(d1))
Firms that are required to participate in affirmative action programs do end up hiring more minority employees
a. True b. False
Define microeconomics
What will be an ideal response?