Economic profit provides an incentive for persons investing in human and physical capital to
A) undertake investment projects yielding an uncertain return.
B) discover and develop beneficial (productive) investment opportunities.
C) produce products that increase the value of resources.
D) do all of the above.
Correct Answer:
Verified
Q30: If profit-seeking major oil companies began to
Q31: Entrepreneurship is characterized by
A) the ability to
Q32: Capital markets will channel funds efficiently into
Q33: Economic profit that stems from entrepreneurship reflects
A)
Q34: The experience of the former Soviet bloc
Q36: When an investment project generates output that
Q37: Most of the income of Americans comes
Q38: In a world of imperfect knowledge and
Q39: When investment funds are allocated by government
Q40: Investments that are mistakenly made and generate
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