According to the Panel Study of Entrepreneurial Dynamics (PSED),a Majority

question 72

Multiple Choice

According to the Panel Study of Entrepreneurial Dynamics (PSED) ,a majority of entrepreneurs indicated that:

• A) the decision to start a business came first.
• B) the business idea came first.
• C) the idea and decision were simultaneous.
• D) starting a business is a loss-making proposition.

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Definitions:

Pineapples

Edible tropical fruits with a rough, spiky exterior and sweet, juicy interior.

Rum

An alcoholic beverage made by fermenting and then distilling sugarcane molasses or sugarcane juice.

Opportunity Cost

The act of passing over potential rewards from other possibilities by choosing a specific route.

Economics Final

A comprehensive examination or assessment that concludes an academic course in economics, testing students' understanding and knowledge of economic principles.