15. why are entrepreneurs important in a private enterprise system? a. they get rid of competition. b. they…

15. why are entrepreneurs important in a private enterprise system? a. they get rid of competition. b. they use resources inefficiently. c. they encourage the development of new products. d. they are responsible for deceptive advertising.

15. why are entrepreneurs important in a private enterprise system? a. they get rid of competition. b. they use resources inefficiently. c. they encourage the development of new products. d. they are responsible for deceptive advertising.

Answer

Brief Explanations:

Entrepreneurs drive innovation by introducing new products and services in a private - enterprise system. They take risks, combine resources, and create value. Options a, b, and d are negative aspects and not the important functions of entrepreneurs.

Answer:

C. They encourage the development of new products.