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Yanka [14]
3 years ago
5

People like ryan and aaron who risk time and money to start and manage a business are called

Business
2 answers:
klasskru [66]3 years ago
5 0

Answer: Entrepreneurs

In addition to risking and investing time and money to start and manage a business, entrepreneurs have an innate ability to identify a need for a new technology or invention. They then build a business by putting together all the resources (land, labour and capital) that are required to make a new technology or invention into a commercially viable (profitable) product.

lawyer [7]3 years ago
5 0

Answer:

Gamblers who play a game with cash if they lose they risk their time and cash if they win they can be rich and have enough cash for a business

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A real estate agent is considering changing her land line phone plan. There are three plans to choose from, all of which involve
BlackZzzverrR [31]

Answer:

a. Determine the total charge under each plan for this case: 120 minutes of day calls and 40 minutes of evening calls in a month.

  • Cost for Plan A = ($0.41 x 120) + ($0.16 x 40) + $20 = $ 75.60
  • Cost for Plan B = ($0.51 x 120) + ($0.15 x 40) + $20 = $ 87.20
  • Cost for Plan C = $80 + $20 = $100

b. If the agent will use the service for daytime calls, over what range of call minutes will each plan be optimal?

  • If the agent will use the service only for daytime calls, Plan A is better if the agent uses 195 minutes maximum. If the agent expects to use 196 or more minutes, then Plan C is better.

c. Suppose that the agent expects both daytime and evening calls. At what point (i.e., percentage of total call minutes used for daytime calls) would she be indifferent between plans A and B?

  • Plan A charges 10¢ less per daytime minute, while plan B charges 1¢ less for evening minutes, that means that the proportion of daytime calls should be 1/11, while the proportion of evening calls should be 10/11.

7 0
3 years ago
Home Realty, Incorporated, has been operating for three years and is owned by three investors. J. Doe owns 60 percent of the tot
nordsb [41]

Answer:

Net Income for the year is $23,175

Explanation:

The Company's income Statement is prepared below. In relation to the following please note that:

  • Total Revenue is considered Section A while Total Expense is Section B and the Net Income is the difference of the same (A - B).

<u>Income Statement on December 31st:</u>

HOME REALTY, CORPORATION

Income statement

For period ended December 31st

Revenue                                           $

Sales Revenue                             166,000  

Other Revenue                                   -  

Total Revenue (A)                             166,000  

Expenses:                                    $

Salaries and Wages Expense             97,000  

Interest Expense                                6,300  

Advertising Expenses                        9,025  

Income Tax Expense                        18,500  

Dividends                                        12,000

Total Expenses (B)                        142,825  

Net Income (A-B)                                 $23,175

4 0
2 years ago
Successfulness of the competition policy in South Africa​
Gwar [14]

Answer:

Five examples that support successfulness of the competition policy of South Africa are: 1) The product choices along with its competitive prices were provided to the consumers. 2) Practices such as horizontal collusion and resale price maintenance was declared unlawful in 1984.

Explanation:

8 0
3 years ago
Which one of the following specialists is the general cashier who must have a complete understanding of the Explanation of Benef
scoray [572]

Answer:

The correct answer is letter "D": Payment poster.

Explanation:

Payment posters are employees in charge of handling the payment systems for medical assistance. Among their duties, payment posters process payments for patients whether in cash or electronically and must have a wide knowledge of how insurances work in regards to benefits and refund requests.

4 0
3 years ago
What is comparative advantage and why is it important in international trade ?
algol [13]

Based on the international trade concept, comparative advantage is the ability to produce goods at a cheaper cost than competitors, and it is important in international trade because it enhances resource allocation.

<h3>What is Comparative Advantage?</h3>

Comparative advantage is a term that is used to describe the country's capacity to manufacture a specific good or service at a lower opportunity cost than its trading partners.

Usually, Comparative advantage is utilized to explain why companies, countries, or individuals can profit from the trade.

<h3>Importance of International trade</h3>
  • It helps countries to allocate resources for more gains
  • It helps countries to produce goods at a cheaper cost
  • It helps the country to specialize in production sectors they have more advantages.
  • It helps countries to improve their exportation income.

Hence, in this case, it is concluded that comparative advantage is beneficial to countries when it comes to production in international trade.

Learn more about Comparative Advantage here: brainly.com/question/12291750

#SPJ1

6 0
1 year ago
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