Which of the following is an example of an activity undertaken by an entrepreneur?
A) washing and ironing your own shirts instead of taking them to the cleaners
B) holding a position as the president of a liberal arts college
C) running for the president of the United States
D) starting your own pet sitting business
Answer: D
Economics
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Which one of the following would lead to an eventual change in the total money supply?
A) a customer's cash withdrawal from an ATM B) using a credit card to purchase a new television C) a customer moves funds from her checking account to her savings account D) depositing a paycheck in a bank
Economics
Refer to the table above. What is the total revenue when the monopolist charges a price of $6?
A) $1,550 B) $1,800 C) $2,150 D) $3,200
Economics