Examlex
Which of the following best describes a corporate form of entrepreneurship?
Diminishing Returns
A principle stating that as investment in a particular area increases, the rate of profit from that investment, after a certain point, cannot increase proportionally.
Total Product Curve
A graphical representation showing the relationship between the total output produced and the quantity of a single input.
Intentional Tort
A wrongful act done on purpose, the perpetrator being aware of their actions aiming to cause harm or injury.
Misdemeanor
A Misdemeanor is a criminal offense that is less severe than a felony and generally punishable by fines or a jail term of less than one year.
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