Social studies 7

Marcus invented a new bicycle helmet light that increases safety without being too heavy. He tried selling it spring festivals but it was not getting much interest. The next month he decided t focus only on selling at gatherings of bike enthusiasts and a booth at the sporting goods store on Saturdays. He found his profit double almost immediately.

1. Which characteristic of entrepreneurs is Marcus demonstrating?

Self correction

Patience

Innovation •••

Endurance


2. in which situation does an entrepreneur earn profits?

Matching income to losses

Experiencing more losses than income

Taking a loan to cover losses

Having greater income than costs•••


3. What is one non-monetary positive incentive for becoming an entrepreneur?

Working long hours

Earning a profit •••

being your own boss

organizing productive resources

  1. 0
  2. 21
asked by Kayla brunnet
  1. I agree with 1 and 2, but not 3.

    1. 0
    posted by Ms. Sue
  2. 1C
    2D
    3C

    How about this answers check number 3

    1. 0
    posted by Kayla brunnet
  3. Yes, 3. c.

    1. 0
    posted by Ms. Sue
  4. 1. A
    2. D
    3. C

    100% right

    1. 0
    posted by Someone
  5. Number 1 is A

    1. 0
    posted by Ally
  6. Number one is A.

    1. 0
    posted by Ms.Wendy
  7. Someone

    Is correct

    1. 0
    posted by Anonymous
  8. ADC

    1. 0
    posted by Anonymous
  9. Yea just took it ADC

    1. 0
    posted by yo boi
  10. ADC

    1. 0
    posted by Emo Aunt
  11. A
    D
    C

    1. 0
    posted by Ollion
  12. YES ADC THANKS EVERYBODY

    1. 0
    posted by Wolf Girl Porn

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