Which of the following statements about an entrepreneur is false?
A) An entrepreneur sells his entrepreneurial services in the output market.
B) An entrepreneur develops the vision for the firm and funds the producing unit.
C) An entrepreneur risks the personal funds provided.
D) An entrepreneur organizes the other factors of production into a working unit.
A
Economics
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In a prisoner's dilemma game, the Nash equilibrium is better for each player than is the cooperative solution
Indicate whether the statement is true or false
Economics
Based on this producer surplus graph, how many full units can the firm produce each week and receive a producer surplus on?
a. one
b. two
c. three
d. four
Economics