--%>

Roles Play by Entrepreneurs

Innovating new technologies and products when bearing risks and uncertainty is amongst the roles played by: (1) bureaucrats. (2) entrepreneurs. (3) monopolists. (4) politicians. (5) inventors.

How can I solve my Economics problem? Please suggest me the correct answer.

   Related Questions in Microeconomics

  • Q : Law of Diminishing Marginal Utility

    The law of diminishing marginal utility might be evidenced by the person: (i) Smoking more however enjoying it less. (ii) Purchasing a new car subsequent to getting an increase. (iii) Distributing excess food to starving children. (iv) Who studies muc

  • Q : Maximized profit of purely-competitive

    Profit is maximized as in illustrated graph when this purely-competitive lumber mill produces at: (1) point a. (2) point b. (3) point c. (4) point d. (5) point e.

    Q : Describe "in-market" mergers Describe

    Describe "in-market" mergers?An in-market merger is one which takes place among two banks operating in the similar geographic area, normally a city or metropolitan area. The merged institution frequently ends up with more than one branch in the

  • Q : Synonym of the term utility The nearest

    The nearest to being a synonym of the term “utility” is: (1) Universal.. (2) Consumption. (3) Satisfaction. (4) Multi-faceted. (5) Marginalism Can someone help me in getting through this problem.

  • Q : Barriers to entry for new firms in

    Barriers to entry, that is:  (w) make this complicated or impossible for new firms to profitably enter an industry. (x) uniformly violate U.S. antitrust statutes. (y) are essentially technological instead of economic. (z) stimulate aggressive com

  • Q : Problem regarding Substitution of goods

    When tuna fish ice cream and licorice gummy bears are substitutes, then: (1) Decline in the price of licorice gummy bears raises the demand for tuna fish ice-cream. (2) The demand for tuna fish ice-cream is independent of price of licorice gummy bears. (3) Consuming m

  • Q : Determine average total cost curve

    LoCalLoCarbo has become the favorite of fad dieters. There in given figure curve D shows: (1) LoCalLoCarbo’s marginal cost curve. (2) LoCalLoCarbo’s average variable cost curve. (3) LoCalLoCarbo’s average total cost curve. (4) the market demand curve

  • Q : Advantage of Law of Equal Marginal in

    Assume that the last week your food budget yielded 5 utils from your previous $4 burrito; and 4 utils from your previous $5 hot fudge sundae. Purchasing one: (i) More burrito and one less sundae this week would reduce total utility. (ii) More sundaes and one less burr

  • Q : Government and Labor Assume that the

    Assume that the male nurses are salaried more than female nurses for the similar work. When an ‘equal pay for equal work’ law is passed and enforced, this might: (i) Decrease the wages of male nurses. (ii) Not influence the wages of the female nurses. (iii

  • Q : Profit Maximization problem Can someone

    Can someone help me in finding out the right answer from the given options. The Firms adjust their inputs of the labor or other resources till: (1) Revenue is maximized. (2) Employment is maximized. (3) Marginal product of the labor is maximized. (4) Gain is maximized