For entrepreneurs, there is usually a correlation between dollars earned and hours worked. true or false

1 answer:

6 0

The answer is true as it is a common business for entrepreneurs as a correlation between dollars earned and hours worked.

You might be interested in

The title of this talk is “Profit’s Not Always the Point.” But do you think profit is an added perk for companies that make the

Fantom [35]

Explanation:

<h2><em><u>The title of this talk is “Profit's Not Always the Point.” But do you think profit is an added perk for companies that make the effort to promote positive social change? Explain. Yes, if you can promote social change and make money it is great. Their doing what they said they would and making money.</u></em></h2><h2 />

7 0

2 years ago

An example of opportunity cost:

maria [59]

Answer: b. Is the Chinese food that you gave up when you chose to eat Italian food.

Explanation: Opportunity cost refers to the cost of the next best alternative foregone or sacrificed. When an individual chooses to take a certain action, then his opportunity cost of doing that will be the alternatives that he has foregone.

IT can be expresses as,

$Opportunity cost = \frac{Units sacrificed}{Units Gained}$

When the individual chooses Chinese food when he could have choose to eat Italian food, his opportunity cost will be the Chinese food that you gave up.

For other options there is no information on what was given up.

8 0

3 years ago

The architects of the bretton woods agreement built limited flexibility into the fixed exchange rate system in order to:

Katena32 [7]

To correct avoid high unemployment, one of the measures done by the architects of Bretton woods is to agree on building a limited flexibility into the fixed exchange rate system. In addition, it was stated in the argument that the rules and regulations of the monetary management between the U.S., Canada, Western Europe, Australia, and Japan must be systematically established.

7 0

3 years ago

The interest rates for treasury notes are greater than for T-bills because of the longer maturity dates. A. True B. False

Brrunno [24]

Answer: true

Explanation:

7 0

3 years ago

Beswick widget ltd. sets up a system to monitor unit sales of its products to measure changes taking place in customer tastes an

Vaselesa [24]

The system that Beswick widget ltd is using in means of monitoring unit sales of its production and to measure changes taking place with the taste of the customers is the feedback control. This is a system where it is responsible for examining the order in means of making changes to have an improvement in terms of the efficiency of the output.

7 0

3 years ago