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(I) the Entrepreneurial Discovery and Development of Improved Products and Production

Question 81

Multiple Choice

(I) The entrepreneurial discovery and development of improved products and production processes is a central element of economic progress. (II) Traditional economic models of the firm accurately capture the role of the entrepreneur.


A) I is true; II is false.
B) I is false; II is true.
C) Both I and II are true.
D) Both I and II are false.

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