5 - micro economics questions

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All answers must be a minimum of 175 words,

 

Cite the source(s) used to answer this question. Provide the source(s) below your response and apply APA guidelines for references.

 

1)  is money a resource? Is money capital?

 

2) are stockholders entrepreneurs? Are inventors entrepreneurs?

 

3) Can you think of a nonmonetary situation in which you compared the marginal costs and benefits? 

 

4) can you provide an example in which both monetary and non-monetary marginal costs and marginal benefits factored into your decision? Please be specific and remember to clearly apply the concepts of “marginal benefit” and “marginal cost.

 

5) what do we mean by an increase in demand?

 

 

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    kim woods
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