Answer:
C) starting a snow cone business
Explanation:
An entrepreneur is someone who decides to start his own business, usually a small business. Only option C refers to starting a new business.
Option A and B refer to positions where you are employed by the government (being a government employee is the opposite of being an entrepreneur).
Option D refers to painting your kitchen not opening a new business.
Answer:
Fixed mindset
Explanation:
Mindset could be explained as an individual's psychological state which often transcends into how we perceive challenges, what we can do and what we can't. Usually the ability to solve a puzzle, face and conquer a challenge starts and ends with an individual's mindset as it is where either the strength to execute or depression to walkway is derived.
The growth mindset gives individuals who exhibit the trait the strength and morale to face challenges, instead of backing out without trying, they try to find ways of constantly improving at what seems difficult.
On the other hand, the fixed mindset which is what is exhibited by Leandro could be deemed as a rigid type of notion whereby an individual believes all he knows and all he can do are already fixed, hence anything aside those cannot be successfully executed this kind of individuals fail to try new challenges.
Answer:
![STC = 20K + 25L = 20*5 + 25*[\frac{Q^2}{25}] = 100 + Q^2](https://tex.z-dn.net/?f=%20STC%20%3D%2020K%20%2B%2025L%20%3D%2020%2A5%20%2B%2025%2A%5B%5Cfrac%7BQ%5E2%7D%7B25%7D%5D%20%3D%20100%20%2B%20Q%5E2%20)
Explanation:
We are given:
K units of capital and L units of labor.
•Each unit of capital cost = 20
• Each unit of labor cost =25
• Level K is fixed at 5 units
We are told production function Q = K√L
Using the production functions and the values given, we can get that Q=5√L.
To find Q, the amount of labor will be given as:
Therefore, the Short run total cost function (STC) will be:
![20K + 25L = 20*5 + 25[\frac{Q^2}{25}] = 100 + Q^2](https://tex.z-dn.net/?f=%2020K%20%2B%2025L%20%3D%2020%2A5%20%2B%2025%5B%5Cfrac%7BQ%5E2%7D%7B25%7D%5D%20%3D%20100%20%2B%20Q%5E2%20)
Answer:
No, Watching TV has an opportunity cost
Explanation:
Opportunity costs represent the forfeited benefits for preferring a certain option over others. It is the foregone benefits from the next best alternative.
Watching TV for two hours has an opportunity cost. By watching TV, a person has sacrificed doing other things. The two hours could have been used in other ways like working, studying, swimming, or playing. By watching TV, the person missed benefits from the other activities. The other activity that would have resulted in more benefits other than watching TV is the opportunity cost.
