Which of the Following Types of Entrepreneurs Does NOT Become

question 73

Multiple Choice

Which of the following types of entrepreneurs does NOT become involved in starting his or her own business?

• A) growth entrepreneur
• B) intrapreneur
• C) quasipreneur
• D) contract entrepreneur
• E) micropreneur

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Definitions:

Unregulated Monopolists

A single supplier in a market without government intervention or regulation, potentially leading to higher prices and lower outputs.

Marginal Cost

The additional cost incurred when producing one more unit of a good or service.

Economic Profit

The total revenue of a firm minus its explicit and implicit costs, representing the surplus generated beyond the opportunity cost.

Marginal Revenue

The increase in earnings from the sale of one additional unit of a good or service.