Which of the following is an example of an activity undertaken by an entrepreneur?
A) choosing the color scheme for your renovated kitchen
B) being promoted to the position of Chief of Police
C) being appointed to the U.S. Supreme Court
D) starting a snow cone business
Answer: D
Economics
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Let C = 40 + 0.8y and I = 10. Autonomous consumption is
A) 10. B) 32. C) 40. D) 50.
Economics
In monopolistic competition, there are
A) many firms making a differentiated product. B) a few firms making a differentiated product. C) many firms making an identical product. D) a few firms making an identical product.
Economics