Welcome to Westonci.ca, where you can find answers to all your questions from a community of experienced professionals. Ask your questions and receive accurate answers from professionals with extensive experience in various fields on our platform. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.
Sagot :
Answer:
b) bring the factors of production together and take the risks of producing output.
Explanation:
There are basically four factors of production which are required in order to ensure the manufacturing of output, which are land,labor,capital as well as an entrepreneur.
The role of an entrepreneur is to bring together all factors in order to serve the purpose of creating valued-added output that can be sold at a price higher than the cost price in order to make a profit.
All in all, the role of an entrepreneur is not just to provide capital or control land but bring all factors of production together
Visit us again for up-to-date and reliable answers. We're always ready to assist you with your informational needs. We hope this was helpful. Please come back whenever you need more information or answers to your queries. Thank you for trusting Westonci.ca. Don't forget to revisit us for more accurate and insightful answers.