Answer: One way an entrepreneur might identify a new business idea is by looking at industry trends and data.
Explanation: Data and trends can reveal new products and businesses that could be useful to consumers.
Answer:
The correct answer is price inelastic.
Explanation:
The price elasticity of demand is the measure of the responsiveness of quantity demanded of a product to the change in its price. It is calculated as the ratio of change in quantity demanded and change in the price.
Relatively inelastic dmeand refers to the situation where a proportionate change in price causes less than proportionate change in quantity demanded.
Here, if a 1% decrease in price causes less than a 1% increase in quantity demanded then the demand is relatively inelastic.
Answer:
The adjusting entry is shown below.
Explanation:
According to the scenario, the given data are as follows:
Estimated depreciation for year = $4,300
So, the adjusting entry for depreciation is shown below:
Adjusting Entry
Dec.31
Depreciation expense A/c Dr. $4,300
To Accumulated Depreciation-Equipment A/c $4,300
(Being the Depreciation expense is recorded)
The answer would be marketing. A business' execution inside the market looks for its prosperity or disappointment. Marketing is all concerning looking, focusing on, pulling in, and interfacing with the best possible clients. in order to center around and achieve the best possible clients, elevating supervisors became acquainted with the potential markets, check item properties, see contenders' advancing ways, and promote viably.
Answer:
do it yourself you freeloader
Explanation:
you will fail in life if you continue on this path
