Refer to the Following Table to Answer the Following Questions

question 84

Multiple Choice

Refer to the following table to answer the following questions:

-The marginal utility of the third unit is

• A) 60 utils.
• B) 80 utils.
• C) 90 utils.
• D) 20 utils.
• E) 10 utils.

Understand the importance of lifelong learning over formal education in entrepreneurship.

Grasp the significance of performance intention, risk assumption, and the need to achieve in entrepreneurship.

Recognize the various personal characteristics required for success in entrepreneurship and small business management.

Understand the primary motivations and factors influencing individuals to start their own business.

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Definitions:

Political Pollster

A professional or organization that conducts polls and surveys to gauge public opinion and preferences in the political arena.

Quantitative Data

Numerical data that can be measured and ordered, representing quantities and amounts.

Interval

A range of values used to estimate a population parameter, including a measured level of reliability.

Ratio

A quantitative relationship between two numbers showing how many times the first number contains the second or vice versa.