In 2009, the Center for Disease Control and Prevention (CDC)estimated

question 32

Multiple Choice

In 2009, the Center for Disease Control and Prevention (CDC) estimated what percent of the overall population has Autism

• A)1 percent
• B)3 percent
• C)10 percent
• D)15 percent
• E)20 percent

Recognize the role of emotional management in learning from failures.

Comprehend the significance of experimentation and feedback in the entrepreneurial process.

Understand the spectrum of failure from blameworthy to praiseworthy and the role of ethical boundaries in failure.

Recognize the impact of mindset (growth vs. fixed) on perception and reaction to failure.

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Definitions:

Economies of Scale

Cost advantages reaped by companies when production becomes efficient, as the average cost per unit of output decreases with increasing scale.

Monopolist

A sole provider of a particular good or service in a market, possessing the power to control prices and exclude competition.

Price Maker

A firm or entity that has significant control over the price of the goods or services it provides, due to lack of competition.

Big Data

Refers to extremely large data sets that may be analyzed computationally to reveal patterns, trends, and associations, especially relating to human behavior and interactions.