If the opportunity cost of entrepreneurship increases,the ________.
A) aggregate output of the economy will decrease
B) price level in the economy will fall
C) number of entrepreneurs in the economy will increase
D) aggregate demand in the economy will increase

Question

Quizplus · Accepted Answer

If the opportunity cost of entrepreneurship increases, meaning that the potential benefits of starting a business become lower relative to other options, fewer people will choose to become entrepreneurs. This will result in a decrease in the number of businesses and a decrease in aggregate output, leading to a decrease in overall economic activity.

If the Opportunity Cost of Entrepreneurship Increases,the ________