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C. It refers to a person who sets up a business with the aim of making a profit.
Entrepreneurship is not referring to an agent or person but rather to what that person is working on. The choice letter C doesn't suit the definition of entrepreneurship because the accurate term that it refers to is entrepreneur.
Learn more about entrepreneur and entrepreneurship from the following Brainly answers:
https://brainly.ph/question/3428545
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https://brainly.ph/question/90535