All categories

3 years ago

One of the biggest mistakes new business owners make is

2 answers:

Citrus2011 [14]3 years ago

3 0

This is a tough answer because new owners can make ALL of these mistakes. If I had to choose one, I think it would be underfunding the business. I think that new business owners underestimate how much a new business will cost and how much money they will need for things like marketing.

FinnZ [79.3K]3 years ago

3 0

Answer:

Underestimating personal expenses

Explanation:

You might be interested in

Sunland Company reports the following operating results for the month of August: sales $300,000 (units 5,000); variable costs $2

Dmitriy789 [7]

Answer:

See below

Explanation:

Given selling price per unit = $300,000/5,000 units = $60

1. Increase selling price by 10% with no change in total variable costs or sales volume

Selling price = $60 × 1.1 = $66

Sales revenue = $66 × 5,000 units = $330,000

Increase in sales revenue = $330,000 - $300,000 = $30,000

Here, as costs remains the same, Net income will increase as much as the increase as sales revenue which is $30,000

2. Reduce variable cost to 56% of sales

New variable cost = $330,000 × 56% = $184,800

Saving in variable cost = $223,000 - $184,800 = $38,200

Here, as the fixed cost and sales revenue remains the same, net income will increase as much as the saving in variable cost which is $38,200

3. Reduce fixed cost by $18,000

As the variable cost and sales revenue remains the same, net income will increase as much as the savings in fixed cost which is $18,000

3 0

3 years ago

If education creates external benefits, a. actual market outcomes provide less than the efficient quantity of education. b. actu

777dan777 [17]

Answer:

The correct answer is c. actual market outcomes provide a higher price than the efficient price of education.

Explanation:

In any country, there is a close positive correlation between a greater number of years of study and income, just as a higher degree of education is related to a lower incidence of poverty. In general, knowledge provides a great deal of benefits to its holders, so why might a government policy for investment in human capital be necessary? The answer could be that knowledge generates a series of “external benefits”, which are not always considered by people when making their decisions.

Economic activities generate costs and benefits, which can be private or external. In this way, whoever studies obtains a benefit for himself, for example a better salary, as explained above. That is the private benefit. But a series of external benefits are also generated, for example, the possibility of being better citizens, of improving the communication and performance of people in society, of generating new solutions to different human problems, among many others. Likewise, research and development activities lead to obtaining new knowledge. All these benefits are obtained thanks to preschool, primary, secondary, technical, university education, job training, among others.

4 0

3 years ago

If the maturity date of a semi-annual coupon bond is February 20, 2039, on what date is the final coupon paid?

IrinaK [193]

Answer:

February 20, 2039

Explanation:

the bonds pay a semiannual coupon, but the last coupon is paid along with the face value (or maturity) value of the bond. For example, if the bond pays a 6% coupon rate, on February 20, 2039 the investor will receive ($1,000 x 6% x 1/2) + $1,000 = $1,030. The exact date might change if the maturity date is a Saturday or Sunday, but it should be paid on the next business day.

7 0

3 years ago

Assume that price level in the ABC Islands, a U.S. trading partner, increases signalling inflation in the economy. Using aggrega

lubasha [3.4K]

Answer:

The effects of inflation in the U.S. trading partner, will pass through the U.S. economy in the form of exports: since the U.S. imports goods from ABC islands, the higher prices in the ABC islands will make imports from there more expensive, contributing to a small raise in inflation in the overall U.S. economy.

However, exports from ABC Islands are likely to be a small component of U.S. Aggregate demand, so the effect in overall inflation is likely to be small.

Despite this, the fed can step in and raise interest rates by contracting the money supply. This is contractionary monetary policy, and it is used when inflation is rising. It lowers the value of the U.S. dollar in international markets, but it increases output price level.

8 0

3 years ago

Suppose quantity demanded is 2,000 when price is $10 and 3,000 when price is $5. If a monopolist who was initially charging a pr

Pavel [41]

Answer:

$25,000 by charging consumers with more elastic demand only $5 and keeping the price for consumers with less elastic demand at $10

Explanation:

Price discrimination refers to the differentiation in the price of the product for every consumer that means the company charged different prices from the different customers

Also, in this it charges from the consumers having more elastic demand at less price. Here 2,000 units are purchased at $10 and the 1,000 units are purchased at $5 so the total quantity demanded is 3,000

The 25,000 units come from

= 2,000 ($10) + 1,000 ($5)

= 20,000 + 5,000

= 25,000

7 0

3 years ago