True/False
Economic profits are the entrepreneur's reward for taking on the insurable risks of running a business.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q103: If Kelly deposits $10,000 into an account
Q104: Profits account for a smaller share of
Q105: The real interest rate can be estimated
Q106: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8602/.jpg" alt=" Refer to the
Q107: Which would usually not be an entrepreneurial
Q109: Broadly defined, labor's share of national income
Q110: Economic rent, or pure rent, is<br>A)a payment
Q111: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8602/.jpg" alt=" The table applies
Q112: Which of the following resource payments is
Q113: Other things equal, interest rates are<br>A)higher on