An entrepreneur is a(n)
A) individual who has much education
B) organizer who seeks profitable opportunities and is willing to accept risks
C) business organization that uses inputs to produce output
D) administrator who runs an enterprise without accepting any risk of financial loss
E) depot or storehouse for commercial products
Correct Answer:
Verified
Q17: Because people's wants are unlimited but resources
Q18: Scarcity
A)exists because people have wants that are
Q20: Economics
A)studies human behavior when scarcity exists and
Q21: In economics, "capital" refers to
A)money
B)stocks, bonds, and
Q23: An entrepreneur
A)always makes a profit
B)generally avoids risky
Q24: Which of the following is an example
Q25: An economist would classify 100 shares of
Q26: Resources are divided into the following broad
Q27: If a business produces and sells only
Q204: Which of the following is the best
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents