Multiple Choice
Entrepreneurs should always
A) be the first mover
B) have a brand name
C) seek economic profit
D) seek accounting profit
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q16: Economic profit equals<br>A)accounting profit plus the cost
Q17: Entrepreneurs serve a different purpose compared to
Q18: If economic profits are zero, then the
Q19: Entrepreneurs are at the heart of the
Q20: Entrepreneurs create destruction.
Q22: The entrepreneur is always searching for<br>A)positive profit.<br>B)normal
Q23: The market process is dynamic.
Q24: Stock is a form of<br>A)dividend.<br>B)debt.<br>C)equity.<br>D)lending.
Q25: The market process avoids creative destruction.
Q26: Seeking profits without producing anything<br>A)is called rent-seeking<br>B)is