Which of the following would be LEAST likely to create an ultralight startup with the goal of selling the
company for a substantial profit within five years?
A. intrapreneur
OB. entrepreneurial team
OC. micropreneur
D. classic entrepreneur
Rationale:

In a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so. what is another way to state this fact? (a) market supply is much more elastic in the long run than the short run. (b) in the long run, average total cost is minimized. (c) in the long run, price equals marginal cost. (d) market supply is much less elastic in the long run than the short run.