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    Managerial Economics Markets
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    Exam 9: The Entrepreneur and the Market Process
  5. Question
    Entrepreneurs Create Destruction
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Entrepreneurs Create Destruction

Question 20

Question 20

True/False

Entrepreneurs create destruction.

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Related Questions

Q15: Entrepreneurs seek accounting profit.

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

Q21: Entrepreneurs should always<br>A)be the first mover<br>B)have a

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.

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