Which of the following statements about an entrepreneur is false?
A)Organises the other factors of production into a working unit.
B)Develops the vision for the firm and funds the producing unit.
C)Sells his entrepreneurial services in the output market.
D)Risks the personal funds provided.

Question

Quizplus · Accepted Answer

An entrepreneur does not typically sell their entrepreneurial services in the output market as they are focused on creating and managing the producing unit. They may however sell their products or services in the output market.

Which of the Following Statements About an Entrepreneur Is False