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kompoz [17]
3 years ago
10

Which of the following items describe the effects of an entrepreneur's actions? Select all that apply.

Business
2 answers:
vichka [17]3 years ago
5 0
<h2><u>Answer:</u></h2>

Every option in this case would apply.

Business people involve a focal position in a market economy. For the business people fill in as the start plug in the economy's motor, enacting and invigorating all financial activities. The monetary accomplishment of countries worldwide is the aftereffect of empowering and compensating the enterprising nature.

The general public is prosperous just to how much it compensates and empowers enterprising action since it is the business visionaries and their exercises that are the basic determinant of the dimension of achievement, success, development, and opportunity in any economy. The most unique social orders on the planet are the ones that have the most business visionaries, in addition to the financial and lawful structure to urge and persuade business visionaries to more noteworthy exercises.

For quite a long time, financial specialists saw the enterprise as a little piece of monetary action. Be that as it may, during the 1800s, the Austrian School of Economics was the first to perceive the business visionary as the individual having the focal job in all monetary action. For what reason is that?

Since it's innovative vitality, inventiveness, and inspiration that trigger the generation and clearance of new items and administrations. The business visionary embraces the danger of the endeavor looking for the benefit and who looks for chances to benefit by fulfilling up 'til now unsatisfied necessities.

Business visionaries look for disequilibrium- - a hole between the needs and needs of clients and the items and administrations that are right now accessible. The business person at that point unites the elements of generation important to deliver, offer and move wanted items and administrations. They contribute and hazard their cash - and other individuals' cash - to create an item or administration that can be sold at a benefit.

More than some other individual from our general public, business visionaries are interesting on the grounds that they're fit for uniting the cash, crude materials, fabricating offices, gifted work, and land or structures required to create an item or administration. What's more, they're fit for masterminding the showcasing, deals and conveyance of that item or administration.

Business visionaries are hopeful and future situated; they trust that achievement is conceivable and are eager to change their assets in the quest for the benefit. They're quickly moving, willing to attempt a wide range of procedures to accomplish their objectives of benefits. Furthermore, they're adaptable, willing to change immediately when they get new data.

Business visionaries are gifted at moving against the challenge by making an impression of distinction and uniqueness in their items and administrations. They constantly search out client needs that the challenge isn't fulfilling and discover approaches to offer their items and administrations so that what they're putting forth is more alluring than everything else accessible.

Business visionaries are a national fortune, and ought to be ensured, supported, empowered and remunerated however much as could be expected. They make all riches, all employment, all chances, and all success in the country. They're the most essential individuals in a market economy- - and there are never enough of them.

nydimaria [60]3 years ago
3 0

I would say all of the above.  That is the function of an entrepreneur.

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Sally opened her own business and resigned from a job paying $25,000 per year. Her savings acccount pays 8% interest, but she wi
DiKsa [7]

Answer:

A) They would be indifferent, as Sally's income net of costs equals $25,000.

Explanation:

Sally's economic profit = accounting profit - opportunity costs

  • accounting profit = $12,000
  • opportunity costs = $25,000 - $15,000 in lost salaries + $2,000 (lost investment revenue) = $12,000

economic profit = $12,000 - $12,000 = $0

Since the economic profit is $0, Sally should be indifferent between running her own business or working for someone else.

7 0
3 years ago
Which of the following are the characteristics of a competitive market? (Check all that apply.)
kakasveta [241]

A competitive market refers to a market where there is no monopoly of producers of goods and services, therefore, competition is high because they all have mission to satisfy the wants of a large consumers.

The characteristics of a competitive market are:

  • Homogeneity of product: The product are made by different producers and encourages competition.
  • There are existence of many buyers and sellers in the market.
  • There is an access to derive perfect information on price of a product at any outlet in the market.
  • There are no charges for transaction costs in a competitive market
  • No barriers to entry into or exit.

In conclusion, there is no producers which can affect the market price through its supplying rate because there are excess supply of similar product in the market.

Learn more about competitive market here

<em>brainly.com/question/7024827</em>

5 0
2 years ago
How many new blogs are being created daily? 120 1200 12000 120000
nikitadnepr [17]
Easily over <span>120000 , I do not think their are any statistic or too accurate sources to go by but it is a estimate.</span><span />
8 0
3 years ago
Read 2 more answers
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tia_tia [17]

Answer:

General; limited; limited.

Explanation:

Limited partnerships have two classes of partners. These two (2) classes are;

1. General partner: it is a type of partnership in which two or more people come together and have an agreement to do business by sharing profits, assets, debts or financial and legal liabilities.

2. Limited partner: it is a type of partnership in which people come together and have an agreement to do business but the involved partners only contribute financially and solely responsible to the amount of money they invested.

Hence, the general partner actually runs the business and faces unlimited liability for the​ firm's debt, while the limited partner is only liable up to the amount the limited partner invested.

8 0
3 years ago
If you spend $35 using a credit card, you have created:
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6 0
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