The entrepreneurial role is synonymous with a. the profit seeker b. the resource holder c. the...
The entrepreneurial role is synonymous with
a. the profit seeker
b. the resource holder
c. the manager
d. the capitalist
Homework Answers
Answer is A. Profit seeker.
There is four factors of production namely Land, Labour, Capital, and entrepreneur.
Land receives rent for service.
Labour recieve wages.
Capital receive interest for using the capital
Entrepreneur receive the profit from business.
So entrepreneur is a profit seeker.
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