Answer:
An entrepreneur is a person who finds an economic opportunity in the market, and exploits it for his own benefit and the benefit of his employees and constomers by setting up a firm.
Explanation:
Three characteristic of an entrepreneur:
Opportunity seeking: entrepreneurs "scan" the market, seeking for market niches that have not been exploited.
Work-ethic: entrepreneurship is a difficult task, especially during the first years of the company. It demands very long work hours, and the entrepreneur must be willing to do that in order to be successful.
Risk-taking: entrepreneurs should evaluate risk when taking decisions, but they should not be the most risk-averse indidivuals. They have to take risks in certain situations because otherwise, they would not be able to become entrepreneurs at all.
Answer:
Yes because a person with a lower income may tend to spend a greater share of his income on gasoline
Explanation:
For example, if a low income individual earning $1000 and a high-income person who earns $2000 each purchase 12 gallons of gasoline, the taxes on this purchase will consume a larger portion of the low-income person’s earnings than that of the high-income person. Assuming a tax rate of 5% of earnings multiplied by 12 Gallons.
Low income individual earnings after tax deductions= $400
High income individual earnings after tax deductions= $800
The stage of activity in logistic wherein it involves waste disposal and recycling is when firms and companies always do ensure that in their program the engagement and participation of their people is active. All employees must be aware and become knowledgeable as to what is required for them to attain success in their environmental program.
Answer:
The correct option is E
Explanation:
Isovalue lines define a relationship between the production of 2products in which the total market value is constant.
Value of the output can be calculated with following formula:
V= Pi*Qi+Pj*Qj
All industries try to achieve the highest value of the output that is possible. This can happen at point where isovalue line is tangent to PPF.
Explanation:
Ways
1 Make study group
2 find your motivation
3 break large task into small
