On the Television Show MythBusters,the Hosts Design Experiments,collect Data,and Test

question 19

Multiple Choice

On the television show MythBusters,the hosts design experiments,collect data,and test theories based on popular myths.This is an example of:

• A) the scientific method as used in economics.
• B) economic growth.
• C) gains from trade.
• D) production possibilities.
• E) absolute advantage.

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Definitions:

Entrepreneurial Personality

A set of personality traits or characteristics that are commonly found in successful entrepreneurs, such as risk-taking, creativity, and resilience.

Need To Achieve

The personal quality, linked to entrepreneurship, of being motivated to excel and choose situations in which success is likely.

Entrepreneurship

The act of creating, managing, and building a business venture to make a profit while taking on financial risks.

Success

The achievement of set goals, targets or intended outcomes, often marked by performance or attainment in personal or business endeavors.