WAEC Economics 2021 Objective — Question 3
Question 3 of 50 from the West African Examinations Council (WAEC) Economics 2021 Objective paper, with the correct answer and a full explanation.
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3. The distinguishing function of an entrepreneur is
- A. planning.
- B. control.
- C. risk-bearing.Correct
- D. management.
Explanation
Risk-bearing is what uniquely distinguishes the entrepreneur from other factors of production/organisational roles.
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