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Friday, August 5

  1. page Change in Demand vs. Change in Quantity Demanded (deleted) edited
    11:36 am

Monday, August 31

  1. page Economic Resources - Labor and Entrepreneurial Ability edited Entrepreneurial ability is a factor of production, or one of four resources employed by businesses …
    Entrepreneurial ability is a factor of production, or one of four resources employed by businesses to produce goods and services. Entrepreneurial ability is measured by how well the entrepreneur combines resources, makes policy decisions, innovates and how well he/she takes risks. Entrepreneurs have to come up with ideas for new products and make decisions that direct the company. An important concept related to entrepreneurial ability is normal profit. Normal profit is treated as an economic cost and is the next best alternative line of work for the entrepreneur.
    ...
    for labor. It is important to note that both labor and entrepreneurial ability are human resources, not economic resources. Human resources involve humans, whereas economic resources are resources such as land and capital.
    Video which explains the Four Economic resources:
    {moz-screenshot.jpg} {moz-screenshot-1.jpg} {moz-screenshot-2.jpg} {http://derekperkins.com/wp-content/uploads/2007/02/dilbert2007073307202.gif}
    (view changes)

Thursday, August 6

  1. page Change in Demand vs. Change in Quantity Demanded (deleted) edited

Thursday, August 28

  1. wiki apecon2 created
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