6. which of the following factors of production is most relevant to entrepreneurship?\ncapital\nlabor\nland\n…

6. which of the following factors of production is most relevant to entrepreneurship?\ncapital\nlabor\nland\nall of the above\n7. what type of entrepreneur is required to invest all profits back into the enterprise?\nnon profit\nfor profit

6. which of the following factors of production is most relevant to entrepreneurship?\ncapital\nlabor\nland\nall of the above\n7. what type of entrepreneur is required to invest all profits back into the enterprise?\nnon profit\nfor profit

Answer

Brief Explanations:

For question 6, entrepreneurship requires capital for investment, labor for work - force, and land for operations, so all are relevant. For question 7, non - profit entrepreneurs reinvest all profits back into the enterprise as their goal is not personal profit but social good.

Answer:

  1. D. all of the above
  2. A. non profit