Multiple Choice
Which of the following statements about entrepreneurs is most accurate?
A) They will prosper if they undertake projects that increase the value of the resources.
B) They are people who extend loans to other business decision makers.
C) They are managers who generally work for a salary because they are unwilling to take risks.
D) They will prosper if they charge prices higher than their rivals.
Correct Answer:

Verified
Correct Answer:
Verified
Q71: If a contestable market has only one
Q72: A major fruit juice manufacturer failed in
Q73: According to water resource economists<br>A) water is
Q74: Price discrimination refers to a system of
Q75: What role do losses play in a
Q77: In long-run equilibrium, output is expanded to
Q78: A firm that uses price discrimination to
Q79: Economic analysis suggest that in a competitive
Q80: Losses are important to a competitive price-searcher
Q81: If a new entrant (or an established