Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Good day, Educators. This is 1 - 5 multiple choice question. Hope you can help me. ? 11.Entrepreneurs do all of the * 2 puntos
Good day, Educators. This is 1 - 5 multiple choice question. Hope you can help me. ?
11.Entrepreneurs do all of the * 2 puntos following EXCEPT O A) bear risk from business decisions. 0 B) own all the other resources. 0 C) come up with new ideas about what, how, when and where to produce. 0 D) organize labor, land, and capital. G) Kailangan ang tanong na ito 12.Which of the following is NOT * 2 puntos a factor of production? 0 A) the water used to cool a nuclear power plant. B) the wages paid to workers. C) the effort of farmers raising cattle. D) the management skill of a small business owner. OOO 13.An autoworker is considered * 2 puntos and earns A) labor; wages O B) labor; rent O c) capital; rent D) entrepreneurship; wages 14.Overtime worked by a JC * 2 puntos Abellana associate is considered and earns ( A) entrepreneurship; profit B) labor; profit c) human capital; interest ( D) labor; wages15.Fixed COStS: * 2 puntos O A. Exist only in the long run 0 B. Exist only in the market period O 0. Are the difference between variable cost and total cost O D. Are only opportunity costs in the long run, but implicit costs in the short runStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started