Entrepreneurs take risks because they may lose time and money despite their high expectation of success.
<h3>Who is an entrepreneur?</h3>
An entrepreneur is an individual who starts a business. Entrepreneurs are known for their passion to achieve business success. They enjoy the gains from their success and may risk losing their time and money in the process.
Thus, as the entrepreneurs expect to succeed, they must be realistic, recognizing that they are taking a risk.
Learn more about entrepreneurs at brainly.com/question/353543
<span>Areas of poorly maintained housing in cities are known as C. slums.
The term slum refers to the worst parts of a city where people are very poor and live in bad conditions. Apartments can be good or bad, so that option is incorrect; high rises are just tall buildings; projects refer to public housing where the building is owned by the government, so that is also incorrect.
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Answer:
a. a smaller increase in the marginal product of labor.
Explanation:
The law of diminishing returns to physical capital states that as more and more input are added to fixed factors of production, output increases at a decreasing rate.
For there to be output growth, physical capital should be increased less than human capital and technological progress.
I hope my answer helps you
Answer:
True (Dead-weight loss )
Explanation:
When the market is not allowed to adjust towards the equilibrium the economics efficiency is lost. When the supply is excessive compared to demand some part of supply remains intact, which means that small of amount of supply does not contribute to economics and allocation efficiency and considered as a dead-weight loss. The supply is forgone because the market is not allowed to stabilise.
Answer:
£30 million
Explanation:
Banks net exposure serves as the the money currently owned by the bank.
Credit to bank;
Loans to corporate customers is bank's money since customers will repay the loan back to the bank even with interest = £120 million
Total credit owned by the bank =
£120 million
Debit;
Deposit owned to customers = £70 million (It is customers money not bank's)
Money sold forward by bank is also going out of banks pocket (debit) =£20 million
Total debt owned by bank = £70 million+£20 million = £90 million
Bank's net exposure = Total credit - debt owned by bank
Banks net exposure = £120 million - £90 million
= £30 million
