There Are Essentially Two Descriptions of How Entrepreneurs Add Value

question 75

True/False

There are essentially two descriptions of how entrepreneurs add value to the economy: creative destruction and by being entrepreneurially alert.They are essentially the same thing.

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Definitions:

Break-Even Point

The point at which total costs and total revenues are equal, meaning no profit or loss occurs.

Bearish

A market sentiment indicating an expectation that stock prices will decline.

Put

An options contract giving the owner the right, but not the obligation, to sell a specified amount of an underlying asset at a set price within a specified time.

Investment Insurance

A financial product or strategy that provides protection against losses in one's investment portfolio, often through methods such as hedging or insuring a certain value of assets.