8. True False.
The command system is the best economic system for entrepreneurs.
9. True
False People play the central role in an economy.
10. True False
Consumers buy more of a product when its price is low.
11. True False
The supply and demand curve is a tool used by entrepreneurs,
12. True False Suppliers often charge higher prices when demand is low.
13. True False.
The profit motive encourages entrepreneurs to start businesses.
14. True False
Earning a profit is the only reason that people start businesses.
15. True False
Non-profit organizations are not allowed to make a profit.
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