Multiple Choice
The role of the entrepreneur in an economy is to
A) Bring the factors of production together and assume the risk of production.
B) Work with government planners to determine what goods are produced.
C) Arrange bank financing for the owners of new businesses.
D) Ensure full employment of labor.
Correct Answer:
Verified
Correct Answer:
Verified
Q22: Use the following figure to answer the
Q23: The fact that there are too few
Q25: The slope of a curve at any
Q26: Table 1.3 shows the hypothetical trade-off between
Q28: Table 1.2 shows the hypothetical trade-off between
Q29: Use the following figure to answer the
Q30: Table 1.1 shows the hypothetical trade-off between
Q30: Describe the shape of the typical production
Q32: A line that slopes downward from left
Q105: How does the market mechanism answer the