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A mechanical device that you assembled at a considerable expense is no longer usable because: Entrepreneurship Assignment, NTU, Singapore

1. A mechanical device that you assembled at a considerable expense is no longer usable because its sole customer shut down the business. Describe the potential business opportunity that could result from this circumstance.

2. Pick three misunderstandings about entrepreneurship and provide your own explanations for each. Give some examples of each case.

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