Entrepreneurs are people who undertake the risk of business activity with the expectation of earning profit. Why is the role of the entrepreneur vitally important as a source of economic progress? How do entrepreneurs influence the discovery and development of new products and better ways of doing things?

Explain why pricing and production are extent decisions and not decisions that should be tackled with break-even analysis. Does the same apply for investment decisions? Provide a rationale to support your response.

In the fixed-price Keynesian model   a. wages, prices, rents and interest rates are flexible so that markets always clear.   b. there is no money illusion.   c. wages may be sticky so that involuntary unemployment may exist in labor markets.   d. supply creates its own demand.   e. none of the above […]

Producer Behavior   1. (Recall the assumptions of production) Following each part, determine which basic assumption of production is violated   a. The local coffee shop serves 400 customers per day with 8 employees, 420 with 9 employees, 450 with 10 employees while it keeps its size same, such as a number of seats.   […]

Labor Force Worksheet   http://juliogarin.com/files/textbook/GLS_Intermedi… textbook   Problem 1 Chapter 1-Exercise 2   Suppose the unemployment rate is 6%, the total working-age population is 120 million, and the number of unemployed is 3.5 million. Determine:   (a) The participation rate. (b) The size of the labor force.   (c) The number of employed workers. (d) […]

The sources of investment spending in Canada…   are only private saving   cannot be public saving because government’s run permanent deficit   include foreign saving   are only business retained earnings   Question 2   The monetarist explanation of the Great Depression in Canada argues   that money supply during the period was too […]

The costs associated with producing six widgets are as follows: .80 variable cost per widget and .10 fixed cost per widget. Using this information, complete the following calculations:   What is the total cost of producing six widgets? What is the average total cost of producing six widgets? If the variable cost of producing five […]

A school district is trying to determine exactly how many school buses to hire for the academic year and how much it will cost. The supply of school buses is represented by Ps = 4,000 + 8Qs and the district’s demand for school buses is represented by Pd = 10,000 – 2Qd.   a) Find […]

The startup business should be a Social Startup. Social startup is a for business startup with a social mission. The following should be covered for the social startup business:   In BUS 180, each student will experience creating a start- up business to produce a specific product (a good or service). A three to five […]

Prepare a financial plan for the company you select for your business plan using either Microsoft PowerPoint or Word. This financial plan will be included in your final business plan in your capstone course. Describe the business, including the type of business. Create the business case.   Determine why funding is needed for the company. […]