Joseph Schumpeter is the exceptional economist who links the entrepreneur to ?

Related Mcqs:

Technical advance involves ?

A. the development of pure science, invention innovation financing the innovation and the innovation’s acceptance B. introducing new products modifying production functions creating credit and making profits C. innovation investment credit creation and economies growth D. patent management resource gains mature innovation and speculative gains...

According to William Baumol under oligopolistic competition among large, high tech business firms. innovation has ?

A. created stationary economies of scale B. maintained the relationship between firms and their clients C. replaced price as the important D. limited the expansion of firms...

Capitalism is an economies system ?

A. based on government intervention in the means of production B. that originated in the United States in the 19th Century C. Where private owners of capital make decisions based on profit D. that dominated developing economies in the 19 Century...

Monopoly advantage is usually the result of greater opportunities such as ?

I- access to more economic information than competitors II- superior access to training and education III- a lower discount of future earnings IV- larger firm size A. I and II only B. II and III only C. I, II and III only D. I, II, III, and IV...

According to Weber’s thesis ?

A. Protestants disapproved of accumulating wealth B. Protestants failed to restrict extravagance and conspicuous consumption C. Roman Catholicism expressed its asceticism in a secular vocation D. capitalism was most advanced in Protestant countries...