Entrepreneurs do not use which of the following to introduce innovations into

a market?

O

A. New economic systems

O

B. New forms of organization

O

C. New means of production

O

D. New products

PA2. LO 3.1A company manufactures and sells racing bicycles to specialty retailers. The Bomber model sells for $450 and has per-unit variable costs of $200 associated with its production. The company has fixed expenses of $40,000 per month.

Owning your own business allows you the freedom to A. enjoy more free time. B. allow others to make decisions. C. bypass some laws and restrictions of the region in which you do business. D. determine your own working hours.

TDS Corporation updates its five-year plan annually to take into account changing conditions within the organization and in the organization's external environment. Which of the following best explains this plan implemented by TDS Corporation? a.

Josephine earned a 15% return on her investments last year. If the inflation rate that year was 4%, what is her real rate of return?

When it comes to investing, what is the typical relationship between risk and return? AThe greater the potential risk, the smaller the potential return. BThe greater the potential risk, the greater the potential return.

It is okay to be more familiar in an e-mail than you would be in person. true or false?

In the post-Reconstruction era most African-Americans in the South had little opportunity for economic advancement, and worked mainly as

Abby and jason are building a new house. they obtained a construction loan of $100,000, which will be rolled over into a conventional 30-year mortgage when the house is completed in 16 months.

Which of the following items is a direct cost? a) Customer service costs in a multi-product firm when Product A is the cost object b) Printing costs incurred for payroll check processing when payroll check processing is the cost object c) The salary

Advantages of borrowed capital