An entrepreneur is a motivated person who seeks profit by:
A) economising.
B) undertaking risky activities, e.g. combing economic resources to produce goods and services.
C) winning in the lottery.
D) selling shares.
Correct Answer:
Verified
Q12: The creative ability of individuals to combine
Q13: Which of the following is not a
Q14: Scarcity:
A) does not exist.
B) implies that people
Q15: Which of the following is closest to
Q16: Labour resources:
A) include only physical activities.
B) are
Q18: Economists believe that scarcity forces everyone to:
A)
Q19: The perpetual state of insufficiency of resources
Q21: Which of the following is the best
Q21: Which of the following is a microeconomics
Q22: Policies to lower the price index of
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