Explain the role of an entrepreneur in the economy

Maria is the sheriff of Narez, Texas. Oscar robs a Narez gas station and a $500 reward is offered for his capture. When, later, Maria finds and arrests him, with respect to the reward, she can: a. collect it. b.

You expect to receive $40,000 at graduation in two years. You plan on investing it at 9 percent until you have $175,000. How long will you wait from now?

Which utility applies to a company that educates customers about its products' features? A. form utility B. knowledge utility C. possession utility D. place utility E. price utility

Carducci corporation reported net sales of $3.47 million and beginning total assets of $1.03 million and ending total assets of $1.43 million. the average total asset amount is:

A special bank account used solely for the purpose of paying employees, by depositing in the account each pay period an amount equal to the total employees' net pay and drawing the employees' payroll checks on the account, is a (n) :

On May 31, 20X1, the Arlene Corporation adopted a plan to sell its cosmetics line of business, considered a component of the entity. By the end of the year, the assets have not been sold.

Which statement describes the equity‑efficiency trade‑off? Government intervention can increase efficiency in a market. Actions intended to make economic outcomes fairer may cause efficiency to decrease.

Adventures Company provides event management services. The company has three employees, each assigned to specific customers. The company considers each employee's territory as a business segment.

Being a first mover in a market is advantageous for a firm because: Group of answer choices it may have an opportunity to free ride on late-mover investments. it may gain advantage through proprietary technology.

In pure competition, the demand for the product of a single firm is perfectly Multiple Choice A) elastic because the firm produces a unique product. B) inelastic because the firm produces a unique product.