In economics, the rewards earned by entrepreneurship are called
A) interest.
B) wages.
C) profits.
D) the skill premium.
Correct Answer:
Verified
Q128: Assume that the average mid-career salary of
Q129: Entrepreneurs
A) receive profits as rewards for risks
Q130: Entrepreneurs deserve the profits they earn because
Q131: The rewards entrepreneurs receive for combining land,
Q132: Profits are earned by
A) owners of human
Q134: Shermar is willing to bear the risk
Q135: Profits are BEST described as the rewards
Q136: Profit is important in achieving economic efficiency
Q137: In general, if _, this is a
Q138: Which statement about economic profit is FALSE?
A)
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