Economics: Principles & Policy
14th Edition
ISBN: 9781337696326
Author: William J. Baumol; Alan S. Blinder; John L. Solow
Publisher: Cengage Learning
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Chapter 18, Problem 3DQ
To determine
Difference between entrepreneurs and mangers.
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Economics: Principles & Policy
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- Small Mom and Pop firms, like inner city grocery stores, sometimes exist even though they do not earn economic profits. How can you explain this?arrow_forwardWhat makes being an entrepreneur different from other profession?arrow_forwardWhat is the following explain why the United States has historically had a large number of entrepreneurs?arrow_forward
- what is entrepreneur? in your own words essayarrow_forwardWhy might a business hire an entrepreneur to meet their organizational goals?arrow_forwardYour friend is a Vice President of HR. He says, “Most CEO’s, when asked by the Board ofDirectors to resign, fight to keep their jobs.” Is this correct?arrow_forward
- Which of the following qualities describe entrepreneurs?Choose one answer.a. Innovators b. Risk takers c. Creators of improved products d. All of the abovearrow_forwardIn a paragraph with a maximum of three sentences, explain the difference between an ordinary business person and an entrepreneurarrow_forwardWho, in your opinion is the most influential and important entrepreneur of the last 10 years and why?arrow_forward
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