Answer:
Where is the rest of the options of your question?
That would be incentives of entrepreneur
by definition, incentives mean something that motivates you to do a specific activity
In this case, personal satisfaction, following own passion, making more money are the incentives of an entrepreneur
Answer:
The correct answer is (A)
Explanation:
Nike and Adidas are considered as substitute goods that means they have positive cross elasticity of demand. When the price of Nike soccer balls fell, Rolando purchased more Nike balls compared to Adidas balls because of the substitution effect. The substitution effect led to this decision. A substitute effect is a change in the purchase decision, due to an increase in the price of one substitute good.
1. Wrong model.
2. Model implementation.
3. Model usage.
4. Uncertainty on volatility.
5. Time inconsistency.
6. Correlation uncertainty.
7. Complexity.
8. Illiquidity and model risk.
