Friday, July 15, 2011

The primary reason why individuals are willing to pay entrepreneurs to organize production is

ECONOMICS

Multiple Choice

The primary reason why individuals are willing to pay entrepreneurs to organize production is

a.that they have to guarantee that the entrepreneur will make a profit

b.they avoid taxation when activities are organized by someone else

c.that it is better for businesses to pay taxes than individuals

d.that it reduces transaction costs

e.that entrepreneurs are more vulnerable in the case of the owner

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