Atlantic Printing LLC Is a Startup That Is Working on a New

question 49

Multiple Choice

Atlantic Printing LLC is a startup that is working on a new technology for the printing industry. Because the technology its working on is highly proprietary, the company is located in the warehouse district of a large eastern city. Atlantic's founder, Sarah Sims, rarely gives interviews, and is careful to not divulge much about what the company is doing. Which of the following common myths about entrepreneurs does the behavior of its founder, Sarah Sims, dispel?

• A) Entrepreneurs are born, not made.
• B) Entrepreneurs are gamblers.
• C) Entrepreneurs are motivated primarily by money.
• D) Entrepreneurs should be young and energetic.
• E) Entrepreneurs love the spotlight.

---

Definitions:

Monopsony

A market condition where there is only one buyer for many sellers, giving the buyer significant power over prices and terms.

Union Shop

A workplace where employees are not required to join the union to be hired, but must join shortly after commencing employment and remain members for as long as they are employed there.

Company Towns

Communities where nearly all stores and housing are owned by the one company that is also the main employer.

AFL

American Federation of Labor, a national federation of labor unions in the United States.