What does it mean to define a new product or uniqueness of a
product from an entrepreneurs perspective . Briefly explain the 5
major stages of product development Support your answer with
examples.
How does structural unemployment differ from frictional
unemployment?
What does it mean to say that the country is operating at full
employment?
What is “natural” about natural unemployment?
What is the difference between a job leaver and a
reentrant
Suppose, 60 million people are employed, 10 million unemployed,
and 30 million not in the labor force. What does the civilian
noninstitutional population equal?
12. Define terms system and surroundings. What does it mean to
say a system and its surroundings are in thermal equilibrium?
What determines the directionality of energy transfer as
heat?
what does it mean to say that the person objectifies himself in
production
what does it mean to say that the product subjectifies itself in
the person in consumption
what is the difference between a product and a mere natural
object