Entrepreneurs create wealth by moving resources

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The interesting career of Tomima Edmark, the inventor of Topsy Tail and other goods that used to sell mail-order and now are ordered on the Web.

As you will be hearing many, many (many) times in this course, entrepreneurs create wealth by moving resources from lower-valued to higher-valued uses -- as determined by consumer choice. In reading about Edmark, what are some examples of how she moved resources in a profitable direction (including her own labor, which also is a resource)?

Reference no: EM132151474

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