1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
NNADVOKAT [17]
3 years ago
13

Select which of the ways that entrepreneurs improve the economy is being described:

Business
1 answer:
8_murik_8 [283]3 years ago
4 0

Answer: (B) Demand for products

Explanation:

 The demand for the products is basically refers to the process in which the amount of the specific products are get purchased for the particular price so that the one business organization increase their productivity and the other business meets its specific requirement.

There are basically five factors which determine the demand of products function in an organization are as follows:

  • Income of the buyer
  • Price
  • Customer choice
  • The actual price of the related other products
  • Future supply expectations

Therefore, Option (B) is correct.

You might be interested in
SmartCorp sells 500 units, resulting in $75,000 of sales revenue, $32,000 of variable costs, and $20,000 of fixed costs. The num
Alika [10]

Answer: 709

Explanation:

selling price per unit will be:

= $75000/500

= $150

Variable cost per unit:

= $32000/500

= $64

Contribution margin per unit = $150 - $64 = $86

Number of units to be sold will now be:

= ($20000 + $41000) / $86

= $61000/$86

= 709

3 0
3 years ago
Narchie sells a single product for $50. Variable costs are 60% of the selling price, and the company has fixed costs that amount
Ainat [17]

The break even units is 20,000 units

<u>Explanation:</u>

<u>Firstly, the break even units needds to be calculated and is as follows:</u>

Selling price per unit = $50.00

variable costs = $30.00

Contribution Margin per unit = $20.00

BEP units = Fixed cost by contribution margin per unit

Fixed overhead = $400000

Contribution margin = $20

BEP = 20000 units

where : BEP = Break even units

Therefore, the break even units will be at 20000 units.

As per the given options in the question, the option C is the correct option.

3 0
3 years ago
What is the periodic interest on a credit card with a 17.99% APR?
harina [27]
The answer to the question is D.998
4 0
3 years ago
Juan Garza invested $112,000 10 years ago at 8 percent, compounded quarterly. How much has he accumulated? Use Appendix A for an
jasenka [17]

Answer:

$247,300

Explanation:

Given that

Invested amount = Present value = $11,2000

Time = 10 years × 4 quarter = 40

The rate = 8% ÷ 4 = 2%

So, we have to applying the future value formula which is presented below:

Future value = Present value × (1 + interest rate)^ time period

                      = $112,000 × (1 + 0.02)^40

                      = $112,000 × 1.02^40

                      = $112,000 ×2.2080396636

                      = $247,300

3 0
2 years ago
Factory Overhead Rates, Entries, and Account Balance Sundance Solar Company operates two factories. The company applies factory
Kipish [7]

Answer:

A) $21.50 per machine hour

B) $40.80 per direct labor hour

Explanation:

A) factory 1 overhead ⇒ on the basis of direct machine hours.

overhead rate factory 1 = estimated total overhead costs factory 1 / estimated machine hours

= $12,900,000 / 600,000 machine hours = $21.50 per machine hour

B) factory 2 overhead ⇒ on the basis of direct labor hours.

overhead rate factory 2 = estimated total overhead costs factory 1 / estimated labor hours

= $10,200,000 / 250,000 labor hours = $40.80 per direct labor hour

8 0
2 years ago
Other questions:
  • Your roommate, Allison Albright, is a non-business major. When she discovered that you are taking a course in Organizational Beh
    15·1 answer
  • Graham Petroleum produces oil. On May 1, it had no work-in-process inventory. It started production of 244 million barrels of oi
    6·1 answer
  • Liabilities are the amounts of money due to others that need to be paid now. true or false
    14·2 answers
  • The C.O.R.E Continuum identifies relationships that affect organizations’:
    10·1 answer
  • When the concept of conservation is applied to the balance sheet, it results in (
    8·1 answer
  • At December 31, 2015, Agler Company had 1,200,000 shares of common stock outstanding. On September 1, 2016, an additional 400,00
    13·1 answer
  • The virginia company first sent a group of soldiers, rich gentlemen, and __________ to found a strong colony.
    15·2 answers
  • Help me with these please? Marking brainliest for best answer! On a time crunch
    15·1 answer
  • Askew Enterprises produces a product with fixed costs of $200,000 and variable cost of $9 per unit. The company desires to earn
    5·1 answer
  • In addition to providing products and services, which of the following can a business often create? Need for economic policy cha
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!