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2 years ago

Which of the following is the best example of an activity undertaken by someone who economists classify as an entrepreneur?

Business

1 answer:

Mashutka [201]2 years ago

4 0

Answer:

C. Someone starting a new business

Explanation:

An entrepreneur is a person who organizes and operates the business and takes into consideration all the factors associated with the business as they take big risks.

And also performs experimentation with the assets of the company and promotes the industry. These tend to take the calculated risks are like those economists that follow economic principles.

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After Sue purchased the business, one of her goals was better work-life balance, and she promoted employees to management positi

makvit [3.9K]

Answer:

D) Compared the hours she spent with her dog to her goal of 2 hours a day of "dogtime"

Explanation:

Remember, Sue wants to in the end determine whether performance met standards for the strategic objective of better work life.

Work life here includes the hours one spents in his or her job, therefore she should compare the hours she spent with her dog to her goal of 2 hours a day of "dogtime".

8 0

2 years ago

You publish a magazine for calculator collectors. to produce and distribute this magazine, you use a number of inputs: • compute

LekaFEV [45]

Answer: D

Options included in the questions are:

“A. The demand for the magazine shifts to the left, and the supply curve shifts to the right. The equilibrium price falls, with an unknown change in the equilibrium quantity.

B. The demand for the magazine does not change, supply curve shifts to the left. The equilibrium price rises, while the equilibrium quantity falls.

C. The demand for the magazine shifts to the right, and the supply curve shifts to the left. The equilibrium price rises, with an unknown change in the equilibrium quantity.

D. The demand for the magazine does not change, and the supply curve shifts to the right. The equilibrium price falls, but the equilibrium quantity rises.”

The answer is D.

The demand for the magazine does not change even if the price of the computers goes down. It is the equilibrium price that will fall due to decrease on the price of inputs resulting to increase in quantity of a magazine produced.

4 0

2 years ago

Read 2 more answers

Recher Corporation uses part Q89 in one of its products. The company's Accounting Department reports the following costs of prod

Leto [7]

Answer and Explanation:

The preparation of the financial impact is shown below:

Particulars Make Buy

Direct Material (7,400 × $7.50) $55,500

Direct Labor (7,400 × $4.20) $31,080

Variable overhead (7,400 × $8.30) $61,420

Supervisors salary (7,400 × $3.20) $23,680

Depreciation on special equipment $0 $0

General overhead $3,400

Purchase cost (7,400 × $27) $199,800

Opportunity cost $(18,000)

Total Annual Cost $175,080 $181,800

b. As we can see that the total annual making cost is $175,080 and the total annual buying cost is $181,800 which increase the cost by $6,720. So in this case the company should make the product rather than buying them

4 0

2 years ago

A customer is looking for a particular brand of sunscreen and has not been able to find it in the store. He approaches you and a

pav-90 [236]

Explanation:

Considering the given situation, I am being a shop keeper and you are being a customer.

Most likely to do:

Customers are king. So I don't want to tell any customer "no". So I would support him by saying "Currently the stock has moved, we expect the order to be placed today and will assure to give him tomorrow".
So the customer will get hope and would continue to bring business. Building rapport and keeping contacts with customer is the most important.

Least likely to do:

Just say to the customer that the stock is not available.

3 0

2 years ago

The operating cost for a pulverized coal cyclone furnace is expected to be $80,000 per year. The steam produced will be needed f

pishuonlain [190]

Answer:

$101,104

Explanation:

Calculation for the equivalent annual worth

Using this formula

Equivalent annual worth=Operating cost(A/P,i,n)+ Operating cost

Let plug in the formula

Equivalent annual worth=80,000(A/P,10%,5) + 80,000

Using financial calculator (A/P,10%,5) will give us (0.26380)

Hence,

Equivalent annual worth=80,000(0.26380) + 80,000

Equivalent annual worth=$21,104+$80,000

Equivalent annual worth== $101,104

Therefore the Equivalent annual worth will be $101,104

5 0

2 years ago