Complete the following statements:
Enterprise, as a factor or production, is defined as that factor which _________________ the other factors into a production unit - Leaving Cert Economics - Question 4 - 2007
Question 4
Complete the following statements:
Enterprise, as a factor or production, is defined as that factor which _________________ the other factors into a production unit... show full transcript
Worked Solution & Example Answer:Complete the following statements:
Enterprise, as a factor or production, is defined as that factor which _________________ the other factors into a production unit - Leaving Cert Economics - Question 4 - 2007
Step 1
Enterprise, as a factor or production, is defined as that factor which
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Answer
organises
Step 2
It undertakes the
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Answer
risk
Step 3
The return / payment for enterprise is called
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Answer
profit / loss
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