MICROECONOMICS FOR TODAY (LL)-W/MINDTAP
10th Edition
ISBN: 9781337739115
Author: Tucker
Publisher: CENGAGE L
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Question
Chapter 1, Problem 9SQ
To determine
Which describes an entrepreneur in the best way.
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Which of the following best describes an entrepreneur?a. A person who works as an office clerk at a major corporationb. A person who combines the factors of production to produce innovative productsc. A special type of capitald. Wealthy individuals who provide savings that stimulates the economy
Which of the following word is not related to entrepreneurship?
a.
Innovation
b.
Creativity
c.
Needs and wants
d.
None of the options
What role do these entrepreneurial competencies play in the success of the entrepreneur as well as the success of the business?
Chapter 1 Solutions
MICROECONOMICS FOR TODAY (LL)-W/MINDTAP
Ch. 1.6 - Prob. 1.1YTECh. 1.6 - Prob. 2.1YTECh. 1.6 - Prob. 2.2YTECh. 1.6 - Prob. 2.3YTECh. 1.A - Prob. 1SQPCh. 1.A - Prob. 2SQPCh. 1.A - Prob. 1SQCh. 1.A - Prob. 2SQCh. 1.A - According to Exhibit A-5, what is the relationship...Ch. 1.A - Prob. 4SQ
Ch. 1.A - Prob. 5SQCh. 1.A - Prob. 6SQCh. 1.A - Prob. 7SQCh. 1.A - Prob. 8SQCh. 1.A - Prob. 9SQCh. 1.A - Prob. 10SQCh. 1.A - Prob. 11SQCh. 1.A - Prob. 12SQCh. 1.A - Prob. 13SQCh. 1.A - Prob. 14SQCh. 1.A - Prob. 15SQCh. 1.A - Prob. 16SQCh. 1.A - Prob. 17SQCh. 1.A - Prob. 18SQCh. 1.A - Prob. 19SQCh. 1.A - Prob. 20SQCh. 1 - Prob. 1SQPCh. 1 - Prob. 2SQPCh. 1 - Prob. 3SQPCh. 1 - Prob. 4SQPCh. 1 - Prob. 5SQPCh. 1 - Prob. 6SQPCh. 1 - Prob. 7SQPCh. 1 - Prob. 8SQPCh. 1 - Prob. 1SQCh. 1 - Prob. 2SQCh. 1 - Prob. 3SQCh. 1 - Prob. 4SQCh. 1 - Prob. 5SQCh. 1 - Prob. 6SQCh. 1 - Prob. 7SQCh. 1 - Prob. 8SQCh. 1 - Prob. 9SQCh. 1 - Prob. 10SQCh. 1 - Prob. 11SQCh. 1 - Prob. 12SQCh. 1 - Prob. 13SQCh. 1 - Prob. 14SQCh. 1 - Prob. 15SQCh. 1 - Prob. 16SQCh. 1 - Prob. 17SQCh. 1 - Prob. 18SQCh. 1 - Prob. 19SQCh. 1 - Prob. 20SQ
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- what is the difference between entrepreneurial idea and opportunity? how are good ideas generated and what is the role of passion in converting ideas opportunities?arrow_forwardWhy do entrepreneurs have trouble remaining objective when writing their business plans?arrow_forwardWhat are four ways that business can benefit society?arrow_forward
- Explain what you believe is common to successful entrepreneurs and what the evolution of entrepreneurship looks likearrow_forwardDiscuss the importance of entrepreneurship and innovation as well as describe their differences, Provide examples.arrow_forwardCan you think of other situations where scarcity might affect the stability of a company?arrow_forward
- In order to have innovation, you need to a.have strong patent laws b.improve economic growth c.invest in capital d.share the benefits of innovation equallyarrow_forwardGive concrete ways on how to develop persistence, taking iniative, and commitment in entrepreneurship.arrow_forwardEconomics what are planned economy systems and how are they different?arrow_forward
- what are The challenges of growing a business?arrow_forwardWhat are the characteristics of a good and prosper economy?arrow_forwardWhich of the following demographic/economic trends has increased the opportunities for entrepreneurs? Select one: a. stagnating wages b. stagnating wages c. aging population d. increase in wagesarrow_forward
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