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tcshepherd13 tcshepherd13
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6 years ago
Seeking profits without producing anything
 A) is called rent-seeking
  B) is illegal
  C) usually involves government
  D) all of these choices

QUESTION 2

Explain the different sources of negative network externalities.

QUESTION 3

When are businesses likely to outsource some of their activities?

QUESTION 4

Entrepreneurs should always
 A) be the first mover
  B) have a brand name
  C) seek economic profit
  D) seek accounting profit

QUESTION 5

Explain what is meant by derived demand as it relates to factors of production.

QUESTION 6

Explain the problem encountered by successive monopolies? How can the supplier and the producer overcome this problem?

QUESTION 7

It is always the best strategy to
 A) not always be the first mover.
  B) be the first mover.
  C) never innovate.
  D) to seek accounting profits.

QUESTION 8

In Japan, the market value of the land is approximately four times that of all the land in the United States, even though Japan is only about the size of California. The most likely explanation for this fact is?
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jayjaypohjayjaypoh
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6 years ago
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tcshepherd13 Author
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6 years ago
Thanks
MAry1395
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Yesterday
Brilliant ツ
Mcb
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2 hours ago
Just got PERFECT on my quiz
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