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Sublight2097 Sublight2097
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Posts: 4132
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8 years ago
According to your authors, entrepreneurial innovation is similar to arbitrage because both activities ultimately involve
A) obtaining inputs at relatively high prices and selling the output at lower prices.
B) obtaining inputs at relatively low prices and selling the output at higher prices.
C) the absence of uncertainty.
D) the presence of perfect and complete information.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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SmooothSmoooth
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#1
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8 years ago
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Sublight2097 Author
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#2
8 years ago
Another one in the books, marking it solved.
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#3
8 years ago
You're welcome Happy Dummy
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#4
3 years ago
.
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#5
3 years ago
Thank you
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#6
3 years ago
Thank you
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#7
3 years ago
Thank you
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