True or false? Because entrepreneurs are motivated by opportunities to sell an item at a price higher

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True or false? Because entrepreneurs are motivated by opportunities to sell an item at a price higher than the average cost of producing it, they do not start for-benefit firms. Explain your answer.

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Microeconomics

ISBN: 9781260507140

11th Edition

Authors: David Colander

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Question Posted: Mar 14, 2024 04:01 AM

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True or false? Because entrepreneurs are motivated by opportunities to sell an item at a price higher

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Answer False Entrepreneurs are not solely motivated by opportunities to sell items at a price higher than the average cost of producing them While pro...View the full answer

Microeconomics

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