Returns at Levels Higher Than the Entrepreneur Could Make Working

question 81

Multiple Choice

Returns at levels higher than the entrepreneur could make working for others are known as:

• A) substitution profits.
• B) marginal profits.
• C) supplemental profits.
• D) success profits.

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Definitions:

Stimulus

An event or object that evokes a specific functional reaction in an organ or tissue.

Formal Operational Thought

A stage in Piaget's cognitive development theory (beginning around age 12) where individuals develop the ability to think abstractly, logically, and systematically.

Cognition Stage

A phase in cognitive development processes, per developmental theories, where individuals acquire, process, and utilize knowledge.

Jean Piaget

was a Swiss psychologist known for his pioneering work in child development, particularly his theory of cognitive development.