Econ Micro (book Only)
6th Edition
ISBN: 9781337408066
Author: William A. McEachern
Publisher: Cengage Learning
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Question
Chapter 13, Problem 10P
To determine
The ways in which an economy is affected by the actions of entrepreneurs.
Concept Introduction:
Entrepreneur creates businesses and new businesses create jobs, strengthen market competition and increase productivity. These are some brief advantages of entrepreneurship.
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Question-2) What is the name of the
ideas that can be transformed into
products and services that will provide
value to the customer, profit to the
entrepreneur, benefit to the society.
a) Creativity
b) Business idea
c) Innovation
d) Innovation
e) Entrepreneurship
Subject: ( Enterprenurship )
Define SMEs.
Also write down Financial and marketing problems of SMEs.
(Economic Systems) The United States is best described as having a "mixed" economy . What are some elements of command in the U.S. economy? What are some traditional elements?
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