The main functions of an entrepreneur include risk-bearing, managerial organization as well as innovation.
Hence, (D) Innovate
Ans. (D)
The main function of the entrepreneur is to Select one: O a. create market demand. b....
A market demand curve specifies the determinants of individual demand. Select one: 0 True If a competitive firm is producing a level of output where marginal revenue exceeds marginal cost, the firm could increase profits if it: Select one: O a. Decreased production b. Increased production C Temporarily shut down d. Maintained production at the current level In a competitive market, both buyers and sellers are price takers. Select one: O True O False if a competitive firm is producing...
A main determinant of the elasticity of demand for a good is Select one: a. price of complements b. substitutability c. income d. price
The main function of this substance is to aid in the digestion of fat. Select one: a. saliva b. chyme c. pepsin d. bile Anatomy is the study of the structure of an organism's body parts, while physiology is the study of the function of those parts. Select one: True False Animals regulate their internal environments in a way that maintains relative stability in response to changes in their external environments. This tendency, called "homeostasis," is most often maintained by...
Select one: O a. total liabilities + depreciation o b. total liabilities + owners' equity O c. owners' equity + net income O d. owners, equity + current liabilities O e. total liabilities + net income Free cash flow to equity is the cash available to the entrepreneur and venture investors after all of the following except? Select one a. net cash flows b. operating cash outflows financing and tax cash flows d. investment in assets needed to sustain the...
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What is the main limitation of CVP analysis? Select one: O a. The analysis assumes a linear revenue function and a linear cost function O b. The analysis assumes that what is produced is sold c. The analysis assumes that fixed and variable costs can be accurately identified d. The analysis assumes that selling prices and costs are known with certainty
What happens in the market for coffee if the price of sugar rises? Select one: O a. supply shifts to the left and price increases O b. supply shifts to the right and price decreases O c. demand shifts to the left and price decreases O d, demand shifts to the right and price increases
Which of the following statements is true about the factors that affect pricing decisions? Select one: a. Information about competitors' technologies is not useful for pricing decisions. b. Information about a competitor in a perfect market affects pricing decisions. c. Increase in price of a substitute product does not affect pricing decisions. d. Managers must always be aware of the competition when pricing their products
determine which goods will be produced Select one: a. The market O b. The businesses O c. The firms d. Consumers
Expediting: Select one: O a. may be caused by the buyer or the supplier. O b. is a routine order tracking process. c. is caused by buyer behavior only. O d. may be the result of legal noncompliance. O e. is caused by supplier behavior only.
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The main types of bacteria in the colon are: Select one: O a. obligate anaerobes O b. Obligate aerobes. O c. Facultative anaerobes: O d. Aero tolerant anaerobes: Supply the missing enzyme for the following reaction to occur. OH НО, OH "OH OH Glucose Select one: O a. amylase O b. catalase O c. lactase O d. oxidase