An entrepreneur is:
a. an employee in a factory.
b. the manager of a factory.
c. the person who conceives and starts a business.
d. the person who contracts to work for a specific price.
e. the person who does not assume any risk in business.
c
Economics
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Marcus sells 300 candy bars at $0.50 each. His total costs are $125 . His profits are
a. $25. b. $124.50. c. $125. d. $150.
Economics
Fire protection and police protection may be provided more efficiently by the private sector than by the public sector.
Answer the following statement true (T) or false (F)
Economics