Entrepreneurs:
A. work exclusively in government and university R&D laboratories.
B. often form small companies called start-ups.
C. are less likely to exist in service industries than in manufacturing industries.
D. are engaged mainly in basic scientific research.
Answer: B
Economics
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Many companies monitor their employees' Internet use and email. Why might they be doing this?
A) Because they like to spy. B) In order to improve morale. C) To gain inside information on new consumer trends. D) To reduce shirking.
Economics
The marginal cost curve intersects the average total cost curve (ATC)
a. at the ATC's minimum point b. only when the ATC is sloping upward c. at the ATC's maximum point d. only when the ATC is sloping downward e. when the ATC intersects the fixed cost curve
Economics