David Dworkin Is the Founder and Owner of Swoozie's, a Chain

question 41

Multiple Choice

David Dworkin is the founder and owner of Swoozie's, a chain of stores that carry eclectic lines of wrapping paper, stationery, invitations, and gifts for affluent women. He is a classic entrepreneur who envisions having stores across the United States and Canada. Which of the following type of entrepreneurs best describes David?

• A) growth-oriented entrepreneur
• B) intrapreneur
• C) multipreneur
• D) interpreneur

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Definitions:

MC

Marginal Cost, the cost incurred from producing one additional unit of a good or service.

AVC

Average Variable Cost refers to the variable costs (such as labor and materials) per unit of output produced.

MR Output

The output level where marginal revenue equals marginal cost, guiding firms in maximizing their profitability.

Price

The amount of money required to purchase a good, service, or asset.