1-7 Define small business How, if at all, does this differ from what you would have expected the def

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1-7 Define small business How, if at all, does this differ from what you would have expected the definition to be?

1-8 Explain how profit works as a signal to the entrepreneur

1-9 It will probably take about three months for your business to start earning a profit Do you agree or disagree? Why? If you disagree, how long do you expect it to take? What are the three most important factors in determining the time frame?

1-10 Summarize three facts about capitalism