According to your textbook, profit is a payment to
A) capital in the resource market
B) labor in the entrepreneurial market
C) capital in the product market
D) entrepreneurship in the product market
E) entrepreneurship in the resource market

Question

Quizplus · Accepted Answer

Profit is considered a payment to entrepreneurship in the resource market, as entrepreneurs organize resources and take on risks to generate profit.

According to Your Textbook, Profit Is a Payment to