Econ Micro (book Only)
Econ Micro (book Only)
6th Edition
ISBN: 9781337408066
Author: William A. McEachern
Publisher: Cengage Learning
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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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(describe) 3 ways in build an economy based on the principles of sustainability,
Table 1 shows the production of corn by Syarikat Usaha. Answer the following questions based on the table. Land (piece) 1 1 2. 1 1 1 1 1 1 Tractor (units) 2 NN 2 2 2 2 2 2 Table 1. Production of corn Total product (tons) 8 Worker (peoples) 1 2345678 24 54 82 95 100 100 96 Average Product (tons) Marginal Product (tons) Categorized the factors of production used by Syarikat Usaha into fixed and variable inputs. Provide another example of variable input.
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