Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

An entrepreneur a. always makes a profit b. generally avoids risky situations c. claims the residual (i.e., whatever is left over) after other resource suppliers

An entrepreneur

a.

always makes a profit

b.

generally avoids risky situations

c.

claims the residual (i.e., whatever is left over) after other resource suppliers are compensated

d.

is a parasite that benefits by not paying other resources for their services

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions