When an entrepreneur is considering an opportunity and realizes that there exists a combination of low barriers to entry, few opportunities for differentiation, and a lack of sustainable advantage, this is an example of Select one: a. Hubris trap b. Better mousetrap fallacy c. No sustainable business model fallacy d. Me-too trap

Aproject currently generates sales of $14 million, variable costs equal 50% of sales, and fixed costs are $2.8 million. the firm’s tax rate is 40%. assume all sales and expenses are cash items. (a). what are the effects on cash flow, if sales increase from $14 million to $15.4 million? (input the amount as positive value. enter your answer in dollars not in (b) what are the effects on cash flow, if variable costs increase to 60% of sales? (input the amount as positive value. enter your answers in dollars not in millions). cash flow (increase or decrease) by $