Which of the Following Statements Is NOT Correct Regarding Business

question 40

Multiple Choice

Which of the following statements is NOT correct regarding business angels?

• A) Business angels invest in more startups on a yearly basis than venture capitalists.
• B) The number of angel investors has decreased dramatically over the past decade.
• C) Business angels usually take a seat on the board of directors of the firms in which they invest.
• D) Business angels are valuable because of their willingness to make relatively small investments.
• E) Business angels are difficult to find.

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Definitions:

English Economist

An English Economist refers to an economist from England who specializes in the study of economics, the social science concerned with the production, distribution, and consumption of goods and services.

Utility Theory

A theory in economics that assesses the usefulness or satisfaction a consumer gains from consuming goods and services.

Total Utility

The complete fulfillment experienced from the consumption of a specific amount of products or services.

Marginal Utility

The increased happiness or value a buyer experiences by consuming an extra unit of a good or service.