A study by researchers at Stanford and the University of Chicago discovered that most of the people

Question:

A study by researchers at Stanford and the University of Chicago discovered that most of the people who quit their jobs and start their own business do so not because they have a billion-dollar idea but because they are frustrated in their jobs.

Why do people become entrepreneurs? What do we call the income earned by entrepreneurs? Are most people entrepreneurs? What is the factor of production supplied by people who are not entrepreneurs? What is their income called? What percentage of total income does their income represent?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Foundations Of Economics

ISBN: 9780134486819

8th Edition

Authors: Robin Bade, Michael Parkin

Question Posted: