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How Can an Entrepreneur Generate Legitimacy

question 66

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How can an entrepreneur generate legitimacy?


Definitions:

Production Incentives

Rewards or incentives designed to encourage increased productivity or output by employees or companies.

Marginal Productivity Theory

An economic theory that suggests the price of a factor of production (like labor or capital) is determined by its marginal productivity, or the additional output generated by one more unit of the factor.

Total Output

The total quantity of goods and services produced by an economy, a company, or a sector during a specific period.

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