Help please!!!!!!!!!!!!!!!!!!!

g The difference between the small business owner and the entrepreneur is that the entrepreneur: Group of answer choices assumes

Vinvika [58]

Answer: The entrepreneur assumes the risk of the business

Explanation:

An entreprenuer is a person that's bears the risk and controls the other resources such as the land , labour and the capital.

Also, we should note that the entrepreneur either makes a profit or loss. The difference between the small business owner and the entrepreneur is that the entrepreneur assumes the risk of the business

8 0

3 years ago

Economic efficiency requires that a natural monopoly's price be: Select one: A. equal to marginal cost where it intersects the d

slavikrds [6]

Answer: A. equal to marginal cost where it intersects the demand curve

Explanation:

In a pure competition, the market is efficient because it balances demand and supply and gives an equilibrium price that takes both of them into account.

In this market, the price is equal to the marginal revenue of a firm and the profit maximizing level of production is where the marginal revenue intersects the marginal cost.

The efficient level is therefore where price equals marginal cost. The same goes for a natural monopoly. If economic efficiency is to be achieved, the natural monopoly's price must equal the marginal cost at the equilibrium price.

7 0

3 years ago

How much would it cost for chester corporation to repurchase all its outstanding shares if the price fell by 10%? assume no brok

NeX [460]

The cost for Chester corporation to repurchase all its outstanding shares if the price fell by 10% is $214.1 million.

<h3>How to calculate the cost?</h3>

It should be noted that the market value will be:

= Outstanding shares × Closing price per share

= 1906233 × 112.33

= $214.1 million.

In conclusion, the cost for Chester corporation to repurchase all its outstanding shares if the price fell by 10% is $214.1 million.

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