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Dmitry [639]
1 year ago
12

Which industry are entrepreneurs drawn to because the industry offers the highest return on time invested and appeals to the tal

ent and innovation that many small enterprises typify?
Business
1 answer:
REY [17]1 year ago
7 0

Entrepreneurs are drawn to the services industry to open their new businesses because this industry offers the highest return on time invested and appeals to the talent and innovation that many small enterprises typify.

An entrepreneur is an individual who creates a brand new business, bearing most of the risks and playing a maximum of the rewards. The method of setting up a business is referred to as entrepreneurship. The entrepreneur is normally seen as an innovator, a supply of new thoughts, goods, offerings, and commercial enterprise/or processes.

Examples of entrepreneurs encompass invoice Gates, Steve Jobs, Mark Zuckerberg, Pierre Omidyar, Arianna Huffington, and Caterina fake. important traits of hit entrepreneurs consist of threat taking, creativity, initiative, hassle fixing, organizational capabilities, conversation, and independence.

A study by means of American explicit OPEN determined that extra than half of the entrepreneurs surveyed were paying themselves a full-time revenue, and typically making $ 68,000 a yr. That variety rises and falls from 12 months to year, however, hovers around $70,000.

Learn more about the Entrepreneurs here: brainly.com/question/353543

#SPJ1

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There is a principal balance of $84,902.13 on a mortgage. The interest rate is 7.75% per annum. The taxes and insurance total $1
kompoz [17]

Answer:

Principal after next payment: 84,774.52‬

Explanation:

the principal after the payment will be the current principal less the payment amortization.

TO know the amortization we must know the interest, taxes and insurance contained within the next payment:

Insurance and taxes: 1,915.7 per year

we divide by  12 to know the monthly fees = 159.64

then, for the interest we do:

principal x rate x time

being time 1 month over 12 of the year:

84,902.13 x 0.0775 x 1/12 = 548.3262 = 548.33

The quota is for 835.58 we subtract interest, insurance and taxes:

835.58 - 159.64 - 548.33 = 127.61

Then, we subtract from the principal this amortization:

84,902.13 - 127.61 = 84,774.52‬

7 0
3 years ago
Which of the following compensation options helps pay for premiums that cover expenses resulting from the death of an employee?
Alex777 [14]

Answer:

life insurance ( B )

Explanation:

Insurance is a agreement reached by a company and an individual,corporate entity or the government to provide a guarantee of compensation for the insured individual or corporate entity in cases that the individual or entity encounters an unforeseen loss. the insured pays a premium to keep this agreement runing.

For a compensation options that pays for premiums that covers expenses resulting from death  it is called Life insurance compensation plan or life insurance policy plan.

3 0
3 years ago
Assume Fiona is willing to pay $8 for a pizza cutter. Tim also wants one, but is only willing to pay $6 for one. At a pizza bake
Delicious77 [7]

Answer

The question is incomplete; assuming that the market price is $5.

The answer will be consumer surplus decreases.

Explanation:

Consumer surplus is a measure of consumer welfare. It is measured as the difference between what customers are willing and able to pay for a good  and the price they actually pay.      

7 0
3 years ago
Use the model developed in Chapter 3 and assume that consumption does not depend on the interest rate. Holding other things cons
tensa zangetsu [6.8K]

Answer: increases and the interest rate rises.

Explanation:

As a result of the increase in a demand for investment, entities will borrow more money from financial institutions in order to undertake these investments.

Investments will therefore rise as a result. Unfortunately, due to the increase in demand for loanable funds from financial institutions, interest rates will rise as well to show that demand is increasing faster than supply of loanable funds as posited by the law of demand and supply.

3 0
2 years ago
A Japanese auto company recognized the quality of air-conditioning systems that a U.S. company in Indiana successfully manufactu
Natali5045456 [20]

Answer:

insourced

Explanation:

A Japanese auto company recognized the quality of air-conditioning systems that a U.S. company in Indiana successfully manufactured for the U.S. auto industry. Rather than build its own, it <u>insourced</u> the air-conditioning component of its models to the U.S. company, which provided several jobs for skilled tradespersons in that state.

3 0
3 years ago
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