Question 30 of 30Indicate whether each statement is true or false.a. Some entrepreneurs develop new products or ways of doing things.TrueO Falseb. All successful entrepreneurs always rely on market research to determine what goods or services will be profitable.O TrueO Falsec. Entrepreneurs always earn profits.aヘ回节E 4)12/15/20218:28 PM46°F33 O ResourcesSubmit AllQuestion 30 of 30<>c. Entrepreneurs always earn profits.TrueO Falsed. Some entrepreneurs are willing to engage in high-risk business investments in the hopes of large profits.TrueO Falsee. Some successful entrepreneurs can be important to a country in contributing to economic growth and introducing newproducts or services.O TrueO False8:28 PMa46°F12/15/2021133

a. Some entrepreneurs develop new products or ways of doing things. O True False b. All successful entrepreneurs always rely on market research to determine what goods or services will be profitable. True O False c. Entrepreneurs always earn profits.

a. Some entrepreneurs develop new products or ways of doing things. O True False b. All successful entrepreneurs always rely on market research to determine what goods or services will be profitable. True O False c. Entrepreneurs always earn profits.

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter12: Firms In Perfectly Competitive Markets

Section: Chapter Questions

Problem 15P

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