In a market economy,entrepreneurs are most concerned with:
A) maximizing utility or satisfaction from limited incomes.
B) increasing the wages and salaries of workers.
C) maximizing profits or minimizing losses.
D) the selfish pursuit of money.

Question

Quizplus · Accepted Answer

Entrepreneurs in a market economy are primarily concerned with maximizing profits or minimizing losses. This drive to maximize profits is what motivates them to innovate, take risks, and create new products or services. While money is certainly important in this context, it is not the same as a selfish pursuit of money as entrepreneurs are trying to create value for customers and society as a whole.

In a Market Economy,entrepreneurs Are Most Concerned With