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Diano4ka-milaya [45]
3 years ago
5

Which of the following describe the role of an entrepreneur in a capitalist economic system? (Select 2)

Business
1 answer:
cestrela7 [59]3 years ago
6 0

Answer:

  • Someone who combines the factors of production into a business
  • -Someone willing to risk loss and failure for profit.

Explanation:

An entrepreneur is a person who starts and sets up their business.

Characteristics of Entrepreneurs

  • Entrepreneurs have Self-Motivation and effective communication skills.
  • They are natural managers with the capability to motivate, encourage and inspire people in their team.
  • They have Money management and handling skills.
  • They are prepared to take a risk for profit.
  • They take big decisions very carefully.
  • They are confident,creative and Open-Minded.

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Mia received a credit card offer in the mail. The credit card has an annual percentage rate of 26%. What is the approximate mont
devlian [24]

Answer:

Monthly interest rate = 2.16666667%

Explanation:

Given:

Annual percentage rate = 26% = 26 / 100 = 0.26

Total number of months in a year = 12 month

Monthly interest rate = ?

Computation of monthly interest rate :

Monthly interest rate = Annual percentage rate / Total number of months in a year

Monthly interest rate = 0.26 / 12

Monthly interest rate = 0.0216666667

Monthly interest rate = 2.16666667%

6 0
3 years ago
For a single-server queueing system, which of the following is TRUE? A high utilization factor will result in a system that perf
ankoles [38]

Answer:

II only. A high utilization factor will result in a system that performs poorly is TRUE for a single-server queueing system. As it states that when designing a single-server queueing system, beware that giving a relatively high utilization factor (workload) to the server provides surprisingly poor measures of performance for the system.

True that queueing models enable finding an appropriate balance between the cost of service and the amount of waiting.

Explanation: RATE BRAINLIEST PLEASE

8 0
3 years ago
Z is a normal good. The equilibrium price and equilibrium quantity of Z in the year 2011 was $25 and 60 units, respectively. In
Ymorist [56]

Answer:

D) Shift of the demand curve for Z to the left

Since both the equilibrium quantity and price decreased.

Explanation:

A rightward shift of the demand curve should increase both the equilibrium price and quantity.

A rightward shift of the supply curve should increase the equilibrium quantity and decrease the equilibrium price.

A leftward shift of the supply curve should increase the equilibrium price and decrease the equilibrium quantity.

4 0
3 years ago
Booker Petroleum Refiners (BPR) has an issue of 8-year, 11% annual coupon bonds outstanding. The bonds, which were originally is
Rzqust [24]

Answer:

$1,238.85

Explanation:

In this question, we use the present value formula which is shown in the spreadsheet.  

The NPER represents the time period.

Given that,  

Future value = $1,000

Rate of interest = 7%

NPER = 8 years

PMT = $1,000 × 11% = $110

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after solving this, the answer would be $1,238.85

8 0
3 years ago
Which of the following would most likely shift a production possibilities curve to the right?
MAXImum [283]

Answer:

 an improvement in the education level of the work force of a nation

Explanation:

The production possibility curve is a curve that shows the various quantities of two goods an economy can produce at a given level of technology and amount of labour force.

Factors that leads to an outward shift of the production possibility curve;

1. Increase in labour force

2. Increase in education level of the Labour force

3. Technological advancement

Shifting resources from the production of one good to the production of another leads to a movement along the production possibility curve.

I hope my answer helps you

5 0
3 years ago
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