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
Correct Answer:
Verified
Q167: Adam Smith's behavioural assumption about humans was
Q184: A successful market economy requires:
A)a government-controlled banking
Q228: All of the following countries come close
Q231: A major factor contributing to the slow
Q236: All of the following are critical functions
Q242: What is the difference between product markets
Q246: In a free market there are virtually
Q249: The payment received by suppliers of entrepreneurial
Q250: What is meant by the term "free
Q412: Consider the following items: a. the album
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents