What role do entrepreneurs play in economics?
Entrepreneurs tell consumers what they should want or need.
Entrepreneurs create the businesses that produce products and services that meet the wants and needs of consumers.
Entrepreneurs borrow money from the economy to start their business
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “What role do entrepreneurs play in economics? Entrepreneurs tell consumers what they should want or need. Entrepreneurs create the ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
negative impact of the bureaucratic leadership style in the business
Answers (2)
In the short run, if P > ATC, a perfectly competitive firm:A. produces output and incurs an economic loss. B. produces output and earns zero economic profit. C. does not produce output and earns economic profit. D.
Answers (1)
Robust Inc. has the following information related to an item in its ending inventory. Product 66 has a cost of $162, a replacement cost of $155, a net realizable value of $160, and a normal profit margin of $10.
Answers (1)
If you have defined a class, SavingsAccount, with a public static data member named numberOfAccounts, and created a SavingsAccount object referenced by the variable account20, which of the following will assign numberOfAccounts to numAccounts?
Answers (1)
Duluth Co. collected a $6,000 cash advance from a customer on November 1, Year 1 for work to be performed over a six-month period beginning on that date.
Answers (1)
New Questions in Business
These lines provide the reader with
Answers (1)
A company incurred the following manufacturing costs this period: direct labor, $468,000; direct materials, $390,000; and factory overhead, $117,000. (1) Compute its Overhead Rate as a percent of direct labor.
Answers (1)
The systematic collection, organization, and analysis of information is a process known as:
Answers (1)
Taken as a whole, federal employment laws say that all selection instruments must be:
Answers (1)
At December 31 of the current year, Cart Corporation has a $16,000 Notes Receivable from a customer. Interest of 5% has accrued for 9 months on the note. What will be reported on the Balance Sheet?
Answers (1)