The _____ motive encourages entrepreneurs to start businesses, expand existing one, create new products or improve existing ones, and/or improve production processes to use resources efficiently.
1.)profit
2.)price
3.)none of the above

Question

kayla111404 kayla111404

30-03-2021
Business

contestada

The _____ motive encourages entrepreneurs to start businesses, expand existing one, create new products or improve existing ones, and/or improve production processes to use resources efficiently.
1.)profit
2.)price
3.)none of the above

Respuesta :

Otras preguntas

tell whether x and y show direct variation. xy=5

Will xenon react with nitrogen?

a recipe calls for 6 cups water and 4 cups of flour if the recipe is increased how many cups of water should be used with 6 cups of flour

5. Choose one of the topics listed below and write a five-sentence paragraph using chronological order to arrange the details of the paragraph. a. Signing on to

how do you write words to match the expression for 3+(4×12)

Japan surrendered to end World War II after _____. the United States occupied Japan it ran out of natural resources the emperor stepped down the United States d

simplify the equation (-4)(3)(-1)(-2)

Which best describes Islam? a. It was founded in Rome b. It does not involve prayer c. It uses the Torah d. It was monotheistic

Nomadic pastoral societies are centered on _____.

Buddhism is the main religion of India. A. True B. False

anthougo anthougo · Answer 1 · 2022-02-08T12:09:10+01:00

It is the 1) profit motive that encourages entrepreneurs to start businesses, expand old businesses, create new or improve products and production processes for efficient use of resources.

What is the profit motive?

The profit motive describes the economic incentive that drives the activities and decisions of entrepreneurs.

Thus, it is not price that motivates entrepreneurs but profit.

Learn more about the role of the profit motive in resource allocation at https://brainly.com/question/933169

The _____ motive encourages entrepreneurs to start businesses, expand existing one, create new products or improve existing ones, and/or improve production processes to use resources efficiently. 1.)profit 2.)price 3.)none of the above

Respuesta :

What is the profit motive?

Otras preguntas

The _____ motive encourages entrepreneurs to start businesses, expand existing one, create new products or improve existing ones, and/or improve production processes to use resources efficiently.
1.)profit
2.)price
3.)none of the above