Which of the following is true?
A) All of the above are true.
B) The parents of successful entrepreneurs almost always have at least a college education.
C) Successful entrepreneurs are good at discovering profitable opportunities that have been overlooked by others.
D) Entrepreneurs are under-represented among millionaires.
C) Successful entrepreneurs are good at discovering profitable opportunities that have been overlooked by others.
You might also like to view...
Which of the following is a normative statement?
A) The price of candy bars is $1.25 each. B) Candy bars are more expensive than newspapers. C) You should eat less candy. D) Popcorn and candy are sold in movie theaters.
Other things the same, if the exchange rate changes from 75 Algerian dinar per dollar to 72 Algerian dinar per dollar, the dollar has
a. appreciated and so buys more Algerian goods. b. appreciated and so buys fewer Algerian goods. c. depreciated and so buys more Algerian goods. d. depreciated and so buys fewer Algerian goods.
For government, most market activity can be explained by the goal of:
A. Welfare maximization. B. Social responsibility. C. Utility maximization. D. Charitable responsibility.
All of the following would be considered explicit costs of operating a business except
A) rent paid to a landlord. B) bonuses paid to employees. C) a normal rate of return for investors. D) corporate income taxes.