The amount of money that a seller is willing to accept in exchange for a product, at a given time and under given circumstances, is called the:
A) revenue.
B) income.
C) discount.
D) price.
E) breakeven quantity.
Question 2
Internal drive, one of the characteristics of entrepreneurs, relates to:
A) the ability to act decisively and lead the business.
B) thinking strategically and creatively and effectively managing the details required to make their vision a reality.
C) being comfortable knowing that success isn't guaranteed and failure is common.
D) the desire to control one's own destiny, which serves as motivation, and the belief that this control can help them take action to overcome setbacks.
E) putting in long hours to make their business dreams come true.