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What else can I help you with?
Merchants who took risks to earn high profits?
Entrepreneurs were merchants who took risks in the hope of high profits.
Why aren't entrepreneurs likely to earn large profits from their businesses over many years?
Because of the recession, overhead, and competition.
Which statements is true about profits in a monopolistically competitive market?
many firms will earn profits in the short term, but they must constantly innovate and compete to earn profits in the long term
How are the classic entrepreneurs and social entrepreneurs similar?
Classic and social entrepreneurs are similar in that they are both entrepreneurs. Both of them aim to achieve specific goals in addition to profits. Business entrepreneurs however measure their profits in returns.
What do you call people who want profits?
Entrepreneurs.
What do entrepreneurs earn?
Entrepreneurs earn money by selling goods and services to businesses and consumers. The fewer costs they have the more money they make.
How do credit card companies earn profits?
Credit card companies earn profits by charging interest.
Are all entrepreneur businessmen?
That is true, all entrepreneurs are businessmen.
Why companies undersubscribed shares?
to earn profits
How do entrepreneurs make money?
Entrepreneurs make money by identifying market needs and creating products or services that fulfill those needs, often through innovation or improvement. They can generate revenue by selling these offerings directly to consumers or businesses, charging for subscriptions, or leveraging advertising. Additionally, they may seek investment or funding to scale their operations, and some entrepreneurs also earn income through licensing, franchising, or partnerships. Ultimately, successful entrepreneurs combine strategic planning, marketing, and effective management to drive profits.
Who are the people interested in finding new business opportunities and new ways to make profits?
Entrepreneurs, were interested in finding new business oppertunities and new ways to make profits.
Can a monopoly earn economic profits in the long run?
Yes
