An entrepreneur probably will start a business if she sees an opportunity to sell an item at a price:
A) higher than the average total cost of producing it.
B) equal to the competitors' price.
C) less than the competitors' price.
D) equal to the average total cost of producing it.

Question

Quizplus · Accepted Answer

An entrepreneur will start a business if she can sell an item at a price higher than the average total cost of producing it, as this would allow her to make a profit.

An Entrepreneur Probably Will Start a Business If She Sees