In the Circular Flow Diagram, the incentive for entrepreneurs to take risks in the resource market is profit. Entrepreneurs take risks in hopes of earning a profit from their investments and business activities.
Refer to the image to answer the following question:
Circular Flow Diagram
In the diagram, what is the incentive for entrepreneur to take risks in the resource market?
(1 point)
Responses
wages
wages
profit
profit
interest
interest
rent
1 answer
7 answers