Mary Kay Ash was one of the first individuals who sold cosmetics directly to customers via independent sales representatives. The company founded by Mary Kay is now one of the largest and most successful cosmetics companies in the world. Mary Kay Ash would be classified as a(n)
A) entrepreneur.
B) opportunist.
C) monopolist.
D) socialist.
Correct Answer:
Verified
Q11: Firms are the producing units of the
Q12: In factor, or input, markets
A) consumers purchase
Q13: Economists would classify the New York Mets
Q14: A factor market is
A) where goods are
Q15: In input, or factor, markets
A) consumers purchase
Q17: Organizations that transform resources into products are
Q18: Entrepreneurs are unnecessary in a market economy,
Q19: An entrepreneur is a person who
A) assumes
Q20: Firms are organizations that
A) take advantage of
Q21: Consumers purchase products in _ markets.
A) output
B)
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