Entrepreneurship is the act of starting new firms and taking the risks that are necessary in business opportunities.
Answer the following statement true (T) or false (F)
True
You might also like to view...
When deciding between domestic and foreign financial investments, investors typically consider
A) domestic and foreign inflation rates and expected changes in the exchange rate. B) domestic and foreign budget deficits. C) shifts in the relative demand for foreign and domestic goods. D) domestic and foreign interest rates and expected changes in the exchange rate.
When cyclical majorities arise, the winner of an election will be determined by the order in which the choices are presented to the voters
a. True b. False
Which of the following statements about monopoly is most accurate?
a. The monopolist has no incentive to produce efficiently. b. Regardless of what is produced, the monopolist will use too many resources. c. A monopolist has no incentive to keep costs down. d. The monopolist "understocks" the market and charges too high a price.
In the graph shown, which of the world supply curves create a trade deficit?
A. WAS0 B. WAS1 C. WAS2 D. None create deficits.