Exercises in Elementary Economics
Exercises in Elementary Economics
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In our eReader you can find the full English version of the book. Read Exercises in Elementary Economics Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Exercises in Elementary Economics
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Give some illustrations of the exercise of the function of the entre- preneur in a business in which the owner is neither a laborer, a land- lord, nor a capitalist.
4. Are the following to be regarded as entrepreneurs: a shoemaker, a stock-holder, a bond-holder, the college trustees, the government of Kwang- tung, a contractor, a publisher, the college cook, the doctor, an insurance company, an insurance agent'. ' 5. What value product does the entrepreneur create: Would society be richer or po...orer without rhe service* of the entrepreneur?
6. Show how the efficiency of production is aflected by the skill of management and the manner in which industry is organized.
7. What principles guide the business manager in assembling or propor- tioning the respective amounts of land, labor, and capital he will employ? What will be his aim?
8. Production, as affected by the law of diminishing returns, is said to be dependent on the proportion of the productive factors. Show how this is true.
9. In what particulars will the farmer in China differ from the American farmer in the organization of his busmess?
What to read after Exercises in Elementary Economics?
You can find similar books in the "Read Also" column, or choose other free books by Kenneth Duncan to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Give some illustrations of the exercise of the function of the entre- preneur in a business in which the owner is neither a laborer, a land- lord, nor a capitalist.
4. Are the following to be regarded as entrepreneurs: a shoemaker, a stock-holder, a bond-holder, the college trustees, the government of Kwang- tung, a contractor, a publisher, the college cook, the doctor, an insurance company, an insurance agent'. ' 5. What value product does the entrepreneur create: Would society be richer or po...orer without rhe service* of the entrepreneur?
6. Show how the efficiency of production is aflected by the skill of management and the manner in which industry is organized.
7. What principles guide the business manager in assembling or propor- tioning the respective amounts of land, labor, and capital he will employ? What will be his aim?
8. Production, as affected by the law of diminishing returns, is said to be dependent on the proportion of the productive factors. Show how this is true.
9. In what particulars will the farmer in China differ from the American farmer in the organization of his busmess?
What to read after Exercises in Elementary Economics?
You can find similar books in the "Read Also" column, or choose other free books by Kenneth Duncan to read onlineMoreLess
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