The Return That an Entrepreneur Can Expect to Earn, on Average

question 139

Multiple Choice

The return that an entrepreneur can expect to earn, on average, is called

• A) profit.
• B) normal profit.
• C) economic profit.
• D) accounting profit.

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Definitions:

Responsibility

The state or fact of being accountable for something, or having a duty to deal with something.

Consistency

The quality of always acting or behaving in the same way, showing reliability and homogeneity in actions or beliefs.

Evocative Person-Environment Transaction

The process by which a people may change situations they encounter through behaviors that express their personality.

Active Person-Environmental Transaction

The dynamic interaction between an individual and their environment, where both influence and are influenced by each other.