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Richard Cantillon, a Noted Economist and Author in the 1700's

Question 28

Multiple Choice

Richard Cantillon, a noted economist and author in the 1700's viewed the entrepreneur as a risk taker for which of the following reason(s) ?


A) Entrepreneurs bought goods at an uncertain price and sold them at a certain price.
B) Entrepreneurs typically did not assume ownership of the goods that they sold.
C) Entrepreneurs bought goods at a certain price and sold them at an uncertain price.
D) Entrepreneurs who failed to make a profit were punished by law.
E) None of the answers apply.

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