Todd and jim quickly learned that running a sailing business required a lot more than just taking folks for boat rides in exchange for a few dollars. in order to succeed as entrepreneurs todd and jim had to be all of the following except:

self-directed
highly energetic
risk averse
action-oriented
self-nurturing

The sticky-price theory asserts that the output prices of some goods and services adjust slowly to changes in the price level. suppose firms announce the prices for their products in advance, based on an expected price level of 100 for the coming year. many of the firms sell their goods through catalogs and face high costs of reprinting if they change prices. the actual price level turns out to be 110. faced with high menu costs, the firms that rely on catalog sales choose not to adjust their prices. sales from catalogs will

How does knowing about supply and demand

:; )write a paragraph of two to three sentences and describe what will happen to a society that does not have a productive workforce?