13. Entrepreneurship contributes to A) creating of new industries B) creating new jobs C) creating: new markets, new ind

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13. Entrepreneurship contributes
to
A) creating of new industries
B) creating new jobs
C) creating: new markets, new
industries, new technology, new institutional forms, new jobs and
net increases in real productivity.
D) creating of new industries and new
technologies
14. Which of the following is
not element of the marketing mix?
A) promotion
B) price
C) place
D) profit
15. In order for entrepreneurs
to thrive in a nation the government must:
A) develop a culture of
entrepreneurial thinking
B) support would be entrepreneurs by
creating specialized government agencies
C) create the kind of business
environment that creates the basis for growth, stability and future
success
D) integrate entrepreneurship into
education systems
16. (-) costs remain the same despite
the volume of goods or services produced. (-) costs vary
proportionally with the volume of goods or services provided.
a) standard; non-standard
b) fixed; variable
c) expense; non-standard
d) non-standard; standard