<span>Entrepreneurs are considered to be both spark plugs and catalysts of the free enterprise economy because of a number of reasons. Everybody benefits and profits when an entrepreneur becomes successful. When an entrepreneur opens his or her search for profits, the effects would be a chain of events where new products, greater competition, more production, higher quality, and lower prices for consumers can be observed. An entrepreneur is said to be a spark plug in the free-market for there is that vision of providing a product or a service that people are willing to pay for, combined with the ability to produce that product or service at a cost below the market sales price which propels him/her to take action. Capitalism will not work if it were not for the entrepreneurs who take the risks and start the businesses that produce the goods and services we all enjoy.</span>
A downside of primary research is that it is expensive and time consuming. Primary research allows people to find more inde pthinformation on a research topic or subject however, it is very expensive. Primary research is research that is new and very specific in the field they are researching. Primary research can be interviews, focus groups, surverys or other search ways to collect data.
The type of externality where market equilibrium quantity produced will be more than socially optimal quantity in absence of governemtn intervention is Negative externality.
Let understand that whenever a production of good or service negatively affect the unrelated third party who is not directly involved in a market transaction, it is said that negative externality exists in the scenario.
A very good example of commonly cited Negative Externalities are air pollution and noise pollution which was caused during production an affects unrelated third party.
If there is presence of government intervention in the production, then, the production of goods or service will be halted.
Therefore, in conclusion, this type of externality is called the Negative Externality.
Read more about Negative Externality here
<em>brainly.com/question/13901028</em>
Answer:
Equity Beta = 1.1413
Explanation:
The formula to find the asset beta is
Asset Beta = Equity Beta/(1+(1-tax rate)(Debt/Equity))
We will put the values given in the question in this formula
Asset Beta = 0.8
Tax rate = 0.36
Debt = 0.40
Equity = 0.60
0.8=Equity Beta/(1+(0.64)(0.40/0.60)
0.8=Equity Beta/1+0.4266
0.8=Equity Beta/1.4266
1.4266*0.8= Equity Beta
Equity Beta = 1.1413
Answer:
C
Explanation:
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