Answer:
c) Rick has an external locus of control.
Explanation:
What can challenge Rick in his quest to become a successful entrepreneur is that he has an external locus of control, which occurs when an individual relates events related to their failures or successes to external variables that are not their responsibility, such as fate, luck or bad luck.
The external locus of control can pose a challenge for Rick in the sense that an entrepreneur's success is related to his own personal control and personal efforts to make the business viable and successful in the market. It is necessary for the entrepreneur to understand that there are risks inherent to the business and that a business can work according to their efforts, learning and planning, that is, the entrepreneur and their control and management actions will be responsible for the success or failure of the business, and not just external factors like fate or bad luck.
Answer:
a. neither the nominal nor the real interest rate rise.
Explanation:
Under Fisher's theory, if the nominal interest rate increases at a higher rate than the inflation rate, then the real interest rate rises. If the inflation rate increases more than the nominal interest rate, then the real interest rate decreases.
Generally, an increase in the money supply decreases the nominal interest rate and increases the inflation rate. That results in both lower nominal interest rates and lower real interest rates.
Answer:
only price and quantity matter in determining supply
all other determinants of supply are held constant
Explanation:
At the time of constructing the supply schedule, only price and quantity should be considered and other factors should remain the same because the factors that impacts the supply other than the price so it shifted the supply curve but when only the price changed so there should be the movement also law of supply represent the direct relationship between tfhe price and the supply
5x5x5= 5^3
That's 5 to the third power.
Hope this helps! :)
<u>The </u><u>opportunity cost </u><u>of buying a ticket to a major league baseball game and then going to the game is</u><u> the time spent at the game.</u>
How much does going to a baseball game cost?
- If you are going to Friday night's Orioles sport in opposition to the Yankees, the common fee is $168. That's one of the maximum cheap withinside the league.
- The most inexpensive is the Arizona Diamondbacks at about $126 even as looking a Red Sox sport in Boston is the maximum highly-priced. The common fee is greater than $324.
Are baseball tickets highly-priced?
Watching your favored baseball group stay withinside the stadium can be highly-priced business, with price price tag fees withinside the league starting from 167 U.S. greenbacks for the Boston Red Sox to fifty two U.S. greenbacks for the Baltimore Orioles.
Learn more about baseball game cost
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