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Question
an entrepreneur is a(n):
a. business organization that uses inputs to produce output.
b. individual who has much education.
c. organizer who seeks profitable opportunities and is willing to accept risks.
d. depot or warehouse for commercial products.
An entrepreneur is defined as someone who identifies and pursues profitable business opportunities while taking on associated risks. Option a describes a firm/production business, option b is incorrect as education level is not a defining trait, and option d refers to a storage facility, not an entrepreneur.
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c. organizer who seeks profitable opportunities and is willing to accept risks.