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1 year ago

What are the salient characteristics attributes lifestyle skill and traits that have made you successful in this business?

Business

1 answer:

mafiozo [28]1 year ago

3 0

Answer:

Discipline and determination are the first two things necessary to make the business successful.

Explanation:

As a business owner, I need to have multiple qualities to achieve success. Creativity, perseverance maturity, self-confidence, ability to take rational chances, constantly growing your business experience, and never thinking about what others think or say about you or your organization. Honesty with one's works played a significant role in achieving the targeted goals in a set time. Persuasiveness and flexibility help to deal with different business situations.

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An economy has full-employment output of 5000. Government purchases are 1000. Desired consumption and desired investment are giv

enyata [817]

Answer:

Option (B) is correct.

Explanation:

Given that,

Full-employment output = 5,000

Government purchases = 1,000

Desired consumption: Cd = 3000 - 2,000r + 0.10Y

Desired investment: Id = 1000 - 4,000r

Y = Cd + Id + Gd

Y = (3000 - 2000r + 0.10Y) + (1,000 - 4,000r) + 1,000

Y - 0.10Y = 5,000 - 6,000r

0.90Y = 5,000 - 6,000r

At full employment output level of 5,000,

0.90(5,000) = 5,000 - 6,000r

4,500 = 5,000 - 6,000r

6,000r = 500

r = 0.0833 or 8.33%

Therefore, the real interest rate that clears the goods market is equal to 8.33%.

5 0

1 year ago

Russell spends an hour studying instead of playing basketball. Russell’s willingness to study is due to the fact that he... Your

love history [14]

Answer:

c. feels the marginal benefit of an extra hour of studying exceeds the marginal cost of not playing basketball.

Explanation:

Russel made a choice to study for an hour instead of playing basketball. When making choices people weigh the benefits of an action against its opportunity cost.

Opportunity cost is the forgone alternative when we choose to do something.

In this instance Russell chose to study and the opportunity cost was to enjoy playing a basketball game.

For him to choose to study it means he saw the benefit of reading to be greater than the marginal cost of playing basketball. So he chose the most beneficial activity for him.

4 0

1 year ago

Read 2 more answers

National defense is a good that is nonexcludable and nonrival in consumption. Suppose that instead of national defense being pai

ElenaW [278]

Answer:

Explanation:

find the attached document below

3 0

1 year ago

According to the rule of 72, if the GDP of the Apex Federation is growing at 1.7% per year, its economy will double in approxima

ahrayia [7]

Answer:

C. 42 years

Explanation:

Rule 72 is used in finance and economics to estimate the number of years it will take for a given capital value to be doubled, given a given annual interest rate. In the case of GDP, the interest rate is replaced by the growth rate of the economy.

The formula for this rule consists of dividing 72 by the growth rate of the economy. The result will be the number of years for the capital value to double.

72 / growth rate = years to double

If the GDP growth rate is 1.7%, we have:

72 / 1.7 = 42.3 years

7 0

2 years ago

Where can I find a copy of my residence weekend attendance records? MyUC / UC One My advisor My UC Email All of the above

Margarita [4]

Answer: Your Advisor

Explanation:

MyUC / UC One is a portal for UC students.

6 0

2 years ago