Entrepreneurs Have the Incentive To

question 24

Multiple Choice

Entrepreneurs have the incentive to:

• A) follow the orders of the central planner.
• B) move resources into those industries with the lowest marginal costs.
• C) minimize marginal costs.
• D) move resources out of low-value industries and into high-value industries.

---

Definitions:

Johari Window

A model that is used to improve understanding between individuals within a team. It is a tool for explaining and improving self-awareness, interpersonal relationships, group dynamics, and team development.

Johari Window

A psychological tool used to help individuals better understand their relationship with themselves and others through open, hidden, blind, and unknown areas.

Stereotypes

Generalizations about groups that are often simplified or exaggerated and do not take individual differences into account.

Diversity Awareness Programs

Initiatives designed to educate and inform individuals about the value of diversity and inclusiveness in the workplace or community.