In a Market Economy, What Determines Whether an Entrepreneur Will

question 76

Multiple Choice

In a market economy, what determines whether an entrepreneur will continue in business or terminate the production of a new product?

• A) Government regulations.
• B) Licensing by industrial development agencies.
• C) The profit or loss of the business.
• D) The taxes paid to the government relative to the subsidies received.

---

Definitions:

Peak Performer

Someone who achieves and maintains the highest levels of performance consistently in their chosen field, often exemplifying exceptional skill and dedication.

Visualization

The process of forming a mental image of something.

Motivation Strategy

A plan or method implemented to inspire and encourage individuals or teams to achieve their goals.

ABC Method

A time management approach that categorizes tasks based on their importance, with 'A' being the most critical tasks.