Answer:
1. Entrepreneurs can only be successful if they have large funding backing them.
2. Entrepreneurs have cushy hours.
3. Entrepreneurs have to do everything themselves.
5. Entrepreneurs have to take huge risks.
7. Entrepreneurs are never stressed out.
8. Entrepreneurs are all wealthy.
9. Entrepreneurs are their own boss.
10. Entrepreneurs have more personal time.
Answer:
Explanation:
Where Price equals marginal cost ( MC ) , supply will be made .
A ) Supply curve for rainfed area almond growers
P = .02 Q
Q = 50 P
Supply curve for drier area growers
P = .04 Q
Q = 25 P
B ) No of growers of rainfed area = 500
no of growers of dry area = 300
Total supply = Qs = 50 P x 500 + 25 P x 300
= 25000 P + 7500 P = 32500 P
C )
Market demand Qa = 105000 - 2500 P
For equilibrium Qa = Qs
32500 P = 105000 - 2500 P
35000 P = 105000
P = 3
D ) Qs = 32500 x 3 = 97500 .
E ) amount by rainfed growers
= 500 x 50 x 3 = 75000
amount by dry area growers = 300 x 25 x 3 = 22500
Answer:
The correct answer is Management by exception.
Explanation
Administration by exception is an approach that sometimes makes use of methods and procedures outside of normal policy and to achieve a certain purpose. This approach can be used as part of the response to a problem that arises during a specific project or during the course of some type of continuous function within the structure of the company. This occurrence of some type of deviation from the expected or budgeted result calls for adaptation and in some cases abandonment of normal management processes in favor of an approach that is likely to produce a positive response to abnormal results.
Answer:
The answer is monopolistic competition.
Explanation:
Monopolistic competition refers to a market type where there are several producers who sell the same type of products, but differentiated from one another; thus making their products unable to be substituted for one another. This is the case in the scenario at the question; though there are multiple companies producing natural and artificial flavorings, due to the different in how they taste, each company’s product cannot be substituted with one another’s.
