An innovator who creates new products and new ways to get business done is referred to as:
A. an entrepreneur.
B. a capitalist.
C. a creditor.
D. a manager.
Answer: A
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When adult children return to their parents' home to live, it is called:
a. Boomeranging b. Cocooning c. Burnout d. Adaptation
Which of the following statements is correct?
a. Slope is the ratio of the vertical change (the rise or fall) to the horizontal change (the run). b. A direct relationship is one in which two variables change in the same direction. c. An inverse relationship is one in which two variables change in opposite directions. d. An independent relationship is one in which two variables are unrelated. e. All of these.
The price received by sellers in a market will decrease if the government
a. increases a binding price floor in that market. b. increases a binding price ceiling in that market. c. decreases a tax on the good sold in that market. d. None of the above is correct.
Imitation is not only the highest form of flattery but also an easier way for poorer countries to develop new technology
a. True b. False Indicate whether the statement is true or false