Multiple Choice
An entrepreneur
A) always makes a profit
B) starts with an idea, organizes the resources to bring the idea to life and assumes the risk of profit or loss
C) always avoids risk
D) is a parasite that benefits by not paying other resources for their services
E) is the manager who runs an enterprise and keeps the customers happy
Correct Answer:
Verified
Correct Answer:
Verified
Q152: Which of the following is a normative
Q153: Goods and services are scarce because<br>A)people are
Q154: According to a 2011 Payscale.com survey the
Q155: Profit is the payment made for land
Q156: The difference between a good and a
Q157: A rational decision maker will take only
Q158: The scientific method is useful<br>A)only in fields
Q159: Choices made by economic decision makers<br>A)are government
Q160: Which of the following would be an
Q161: In economics, the term "marginal" usually refers