uestion-2) hat is the name of the deas that can be transformed into products and services that will provide value to the customer, profit to the entrepreneur, benefit to the society. a) Creativity Ruoinooe idon

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter7: Production, Costs, And Industry Structure
Section: Chapter Questions
Problem 22RQ: What are diminishing marginal returns as they relate to costs?
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Question-2) What is the name of the
ideas that can be transformed into
products and services that will provide
value to the customer, profit to the
entrepreneur, benefit to the society.
a) Creativity
b) Business idea
c) Innovation
d) Innovation
e) Entrepreneurship
Transcribed Image Text:Question-2) What is the name of the ideas that can be transformed into products and services that will provide value to the customer, profit to the entrepreneur, benefit to the society. a) Creativity b) Business idea c) Innovation d) Innovation e) Entrepreneurship
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