An entrepreneur is
A) the rate of return on capital.
B) a legal form of business.
C) one who takes risks and makes innovations in organizing a firm.
D) the rate of discount.
C
Economics
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Which of the following could result in a recession?
A) a rise in the price of oil B) an increase in investment C) a tax cut D) an increase in the quantity of money E) an increase in government expenditures on goods and services
Economics
Competition forces firms to produce and sell products as long as the ________ to consumers exceeds the ________ of production
A) marginal benefit; marginal cost B) marginal cost; marginal benefit C) marginal benefit; marginal benefit D) marginal cost; marginal cost
Economics