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3 years ago

Why are entrepreneurs considered both spark plugs and catalysts of the free enterprise economy?

1 answer:

3 0

<span>Entrepreneurs are considered to be both spark plugs and catalysts of the free enterprise economy because of a number of reasons. Everybody benefits and profits when an entrepreneur becomes successful. When an entrepreneur opens his or her search for profits, the effects would be a chain of events where new products, greater competition, more production, higher quality, and lower prices for consumers can be observed. An entrepreneur is said to be a spark plug in the free-market for there is that vision of providing a product or a service that people are willing to pay for, combined with the ability to produce that product or service at a cost below the market sales price which propels him/her to take action. Capitalism will not work if it were not for the entrepreneurs who take the risks and start the businesses that produce the goods and services we all enjoy.</span>

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Baylor Bank believes the New Zealand dollar will appreciate over the next 15 days from $.90 to $.93. The following annual intere

maw [93]

Answer:

19 milion 86+15=91 19000091

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2 years ago

So like is there anyone that likes twillzlers (yes ik i cant spell), trips on hot pockets, is really nice, likes orange and blue

antiseptic1488 [7]

Everything but the twizlers I don’t like them lol sorry -

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1 year ago

The College Bookstore sells a unique calculator to college students. The demand for this calculator has a normal distribution wi

ale4655 [162]

Answer:

A) 200 units

Explanation:

mean daily demand = 20 calculators

standard deviation = 4 calculators

lead time = 9 days

z-critical value (for 95% in-stock probability) = 1.96

normal consumption during lead-time:

= mean demand × lead time

= 20 × 9

= 180 calculators

safety stock = z × SD × √L

= 1.96 × 4 × √9

= 1.96 × 4 × 3

= 23.52 calculators

reorder point = normal consumption + safety stock

= 180 + 23.52

= 203.52 calculators

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2 years ago

St. Mark's Square is a beautiful plaza in Venice that is often frequented by both tourists and pigeons. Ringing the piazza are

Artist 52 [7]

Answer and explanation:

Location is one of the many factors businesses must consider at the moment of starting operations. Commercial areas tend to have higher rent and property prices. Typically, businessmen deal with it by increasing their products price so they can cover expenditures and make a profit. At the same time, most consumers are willing to pay the higher price for the product because it removes the need for relocation even if it could imply moving one or two blocks away.

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2 years ago

Each year a cash grant is given to a deserving college student. The grant consists of the interest earned that year on a $440,00

Harlamova29_29 [7]

Answer:

The cash award will be equal;l to $444422.01

Explanation:

We have given amount invested P = $440000

Rate of interest r = 8.3%

Time t = 1 year

As the amount is compounded on daily basis

We know that 1 year = 365 days

So rate of interest $r=\frac{1}{365}=0.00273$ %

Time period n = 365

We know that final amount is equal to $A=P(1+\frac{r}{100})^n$

So $A=440000(1+\frac{0.00273}{100})^{365}=444422.01$ $

So the cash award will be equal;l to $444422.01

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3 years ago