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According to Jean-Baptiste Say, the Entrepreneur's Task Is to Shift

Question 10

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According to Jean-Baptiste Say, the entrepreneur's task is to shift the factors of production - such as labor, capital and natural resources - "out of an area of lower and into an area of higher productivity and greater yield." In other words:


A) entrepreneurs are highly productive
B) entrepreneurs are generators of value in the economy
C) factors of production are moved from one country to another
D) factors of production tend to increase in value over time
E) the same resources can be more useful and valuable in new combinations and contexts

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