Who Are Angel Investors

question 3

Multiple Choice

Who are angel investors?

• A) Wealthy individuals who invest in startups
• B) Corporations who invest in startups
• C) Small lobby groups working to fund ventures according to specific industries
• D) Groups of people who sit on several Boards of Directors

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Definitions:

Prices

Prices represent the amount of money expected, required, or given in payment for something.

Economic Profits

The surplus generated from business activities after subtracting both explicit and implicit costs, including opportunity costs.

ATC

Average Total Cost is the sum of all production expenses divided by the quantity of output produced, representing the per unit cost of production.

Barrier To Entry

Factors that prevent or hinder new competitors from easily entering an industry or area of business.