Multiple Choice
Which of the following is an example of an activity undertaken by an entrepreneur?
A) deciding whether to purchase a gasoline-powered automobile or an electric vehicle
B) being appointed as the head of a charitable organization
C) running for a seat on the city council
D) starting your own cigar manufacturing business
Correct Answer:

Verified
Correct Answer:
Verified
Q31: A firm's technology may depend on which
Q32: Which of the following statements about positive
Q33: At a recent faculty meeting, Lorraine Waverly,
Q34: When production reflects consumer preferences, _ occurs.<br>A)allocative
Q35: Economists assume that rational people do all
Q37: Scenario 1-1<br>Suppose a cell phone manufacturer currently
Q38: Economists assume that rational behavior is useful
Q39: Since 1994, obesity rates in the United
Q40: _ have a horizontal and a vertical
Q41: What is an economic model?