Any entrepreneurs that have the ability to effectively confront demands or stressors, and thus improve entrepreneurial performance, tend to have an <u>entrepreneurial self-efficacy</u>.
<h3>Who is an
entrepreneurs?</h3>
This refers to the individual that starts and runs a business with limited resources, planning and responsible for all the risks and rewards of their business venture. Their business idea usually entails a new product or service rather than an existing business model.
When an entrepreneur have a self-efficacy, it means he/she belief in his or her capacity to execute behaviors necessary to produce specific performance attainments.
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The correct answer is 2 and 5.
(i) Government refuses to pass budget.
(ii) Government manipulates interest rates.
Another name for business cycle is economic cycle. The upward and downward movement which is of gross domestic product.
We measure business cycle by way of considering growth rate of real gross which is of domestic product.
Based on the demand and supply functions for the market for Halloween parties attended by MIT students, the equilibrium price is <u>$100</u> and the quantity is <u>100. </u>
<h3>What are the equilibrium price and quantity for Halloween parties?</h3>
The equilibrium price and quantity can be found by equating supply and demand.
This gives:
Price = Quantity
Price = 300 - 2p
300 = 3 x Price
Price = 300 / 3
= $100
The quantity would also be 100 parties.
The rest of the question is:
Think of price here as the amount of money party hosts will collect at the door from party-goers. The demand for parties is given by Q =300−2p. The supply of parties is given by Q = p.
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Answer:
Absence of the competition decreases production and that increases prices.
Explanation:
Hope this helps
Answer: There will be a continuous conflict of interests among different groups and individuals over the different economic institutions and how resources should be distributed. Although there will be some negative conflict between the different parties, there will also be a lot of positives surrounding the economic institutions such as property rights, regulatory institutions, macroeconomic stability, social insurance and much more.
