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_____________Is One of the Most Important Goals of an Entrepreneur

question 66

Multiple Choice

_____________is one of the most important goals of an entrepreneur.

Recognize the benefits of trade and specialization.
Differentiate between comparative and absolute advantage.
Grasp the role of opportunity cost in economic decisions.
Explain the characteristics and benefits of a market economy.

Definitions:

Disadvantaged

Individuals or groups lacking in advantage, opportunity, or resources, often due to socio-economic conditions.

Political Resources

Assets, connections, or tools available to individuals, groups, or states to influence political outcomes or decisions.

Non-Unionized

Denotes workplaces or employees that are not members of a labor union, and therefore typically do not have collective bargaining rights for wages and working conditions.

National Registration Act

A law requiring individuals to register with the government for purposes like voting, census collection, or military draft, specific details may vary by country.

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