Solved

According to Jean-Baptiste Say, the Entrepreneur's Task Is to Shift

Question 3

Multiple Choice

According to Jean-Baptiste Say, the entrepreneur's task is to shift the factors of production - such as labor, capital and natural resources - "out of an area of lower and into an area of higher productivity and greater yield." In other words:


A) entrepreneurs are highly productive
B) entrepreneurs are generators of value in the economy
C) factors of production are moved from one country to another
D) factors of production tend to increase in value over time
E) the same resources can be more useful and valuable in new combinations and contexts

Correct Answer:

verifed

Verified

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents