8. Why is money not considered to be a capital resource in economics? Why is entrepreneurial ability

Question:

8. Why is money not considered to be a capital resource in economics? Why is entrepreneurial ability considered a category of economic resource, distinct from labor? What are the major functions of the entrepreneur? LO4

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Economics Principles Problems And Policies

ISBN: 9780073511443

19th Edition

Authors: Campbell Mcconnell ,Stanley Brue ,Sean Flynn

See More Books

Question Posted: Sep 28, 2024 02:00 AM

See More Questions

Why is money not considered to be a capital resource in economics? Why is entrepreneurial ability considered a category of economic resource, distinct from labor? What are the major functions of the...
Why is money not considered to be a capital resource in economics? Why is entrepreneurial ability considered a category of economic resource, distinct from labor? What are the major functions of the...
Why is money not considered to be a capital resource in economics? Why is entrepreneurial ability considered a category of economic resource, distinct from labor? What are the major functions of the...
1. Locate a current financial news article using a source such as the following: a. www.reuters.com; b. www.yahoo.com/finance; c. http://www.msn.com/en-us/money d. www.bloomberg.com 2. Use the...
There are two essays you need to read it, so you can write compare, contrast + argumentative essay 1st article- www.webdubois.org/dbCriteriaNArt.html 2nd article-...
What is cleavage?
8. Why is money not considered to be a capital resource in economics? Why is entrepreneurial ability considered a category of economic resource, distinct from labor? What are the major functions of...
The comparative statements of Larker Tool Company are presented below. All sales were on account. Instructions Compute the following ratios for 2013. (Weighted-average common shares in 2013 were...
Jack had the following expenditures relating to his rental property: 1. Assessment for the repair of sidewalk $1,000 - 2. Property tax on rental house $2,000 3 .Newly constructed sewage system $8,000...
7. What are economic resources? What categories do economists use to classify them? Why are resources also called factors of production? Why are they called inputs? LO4
9. Specify and explain the typical shapes of marginal-benefit and marginal-cost curves. How are these curves used to determine the optimal allocation of resources to a particular product? If current...
How can unconditional branching be done under the circumstances of the previous problem? How can branching be avoided; that is, describe a microinstruction that does not specify any branch,...
What corrections would need to be made to the legal citation Doniphan v. Restler, 489 Conn. Cir. 522 (1983)?
Research the "Span of Control" theory of Vytautas Andrius Graiciunas (1898-1952) a Lithuanian-French management consultant, management theorist, and engineer. and answer the following three questions...
How should you go about assigning a date to each task? a. Work backward from your project's deadline. b. Projects to be completed in two weeks or less don't usually need dates. c. Only assign dates...
A three colour spinner was spun 90 times. The outcomes are summarized in the table below: What is the experimental probability of spinning Red? Colour Frequency Blue 5n Black 30n Red 10n
Abdulah is doing a research study on anxiety and eating. He has done the same study for the last 10 years and the results are consistently the same each time. Abdulah's research study and methods...
The rotating blade of a blender turns with constant angular acceleration 1.50 rad/s. (a) How much time does it take to reach an angular velocity of 36.0 rad/s, starting from rest? (b) Through how...
Revol Industries manufactures plastic bottles for the food industry. On average, Revol pays $76 per ton for its plastics. Revol's waste-disposal company has increased its waste-disposal charge to $57...
With respect to Test Yourself Question 1, suppose that wages rise to $20 per hour and glue prices rise to $6 per gallon. How are CCC's optimal input proportions likely to change?
Calculate average revenue (AR) and average cost (AC) in Table 3. How much profit does the firm earn at the output at which AC = AR? Why?
Calculate average revenue (AR) and average cost (AC) in Table 3. How much profit does the firm earn at the output at which AC = AR? Why?
i need the answer quickly John is saving for his retirement. Today is his 40th birthday. John first started saving when he was 25 years old. On his 25th birthday. John made the first contribution to...
Bond valuationSemiannual interestCalculate the value of each of the bonds shown in the following table, all of which pay interest semiannually.(Click on the icon located on the top-right corner of...
Pesase explain, shouw your source code and the output. I am trying this about a week but it don't work. Can someone help please? I provided my code for login.php, register.php, database.php,...

8. Why is money not considered to be a capital resource in economics? Why is entrepreneurial ability

Question:

Step by Step Answer:

Economics Principles Problems And Policies

Students also viewed these Business questions