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Essay

Entrepreneur

Essay specific features

 

Issue:

Business

 

Written by:

Arthur B

 

Date added:

January 8, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

8 / 2079

 

Was viewed:

3496 times

 

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Essay content:

But if people have perfect information, there is no need for judgment. Fortunately, economists have increasingly dropped the assumption of perfect information in recent years. As this trend continues, economists are likely to allow in their models for the role of the entrepreneur. When they do, they can learn from past economists, who took entrepreneurship more seriously...
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As this trend continues, economists are likely to allow in their models for the role of the entrepreneur. When they do, they can learn from past economists, who took entrepreneurship more seriously. According to Cantillon's original formulation, the entrepreneur is a specialist in taking on risk. He "insures" workers by buying their products (or their labor services) for resale before consumers have indicated how much they are willing to pay for them...
displayed 300 characters

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