Part of the Entrepreneurial Process in a Competitive Market Economy

Multiple Choice

Part of the entrepreneurial process in a competitive market economy involves

A) obtaining governmental control over the market so that a new product has some chance of being successful.
B) knowing from the start the proper output and price to set for each new product.
C) choosing the best structure, size, and scope of production for the firm to produce a new product.
D) knowing in advance with certainty what products consumers will want to buy.