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2 years ago

The role of the entrepreneur in society is to:__________

Business

1 answer:

Cerrena [4.2K]2 years ago

4 0

Answer:

b) bring the factors of production together and take the risks of producing output.

Explanation:

There are basically four factors of production which are required in order to ensure the manufacturing of output, which are land,labor,capital as well as an entrepreneur.

The role of an entrepreneur is to bring together all factors in order to serve the purpose of creating valued-added output that can be sold at a price higher than the cost price in order to make a profit.

All in all, the role of an entrepreneur is not just to provide capital or control land but bring all factors of production together

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3 years ago

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3 years ago

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Answer:

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3 years ago

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Luden [163]

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2 years ago

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2 years ago

Read 2 more answers