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Alexeev081 [22]
4 years ago
11

How do entrepreneurs contribute to nation economically

Business
1 answer:
Finger [1]4 years ago
3 0
Entrepreneurs help the nation by creating new and unique businesses (which can increase profit and employment), they add to national income, and they create social change.
You might be interested in
If the us wants to help the economy should it print more money? Why or not.
vladimir1956 [14]

Yes because by this point in time money means power. If you're a homeless person on the street what power do you have? You can even sleep in the same spot for 2 days. Economy means money and if you want a better economy then you need to print out more cash. Although paper can damage trees and cause problems, this is the only way to stabilize the economy. When the economy is balanced then the US can stop printing money and start replaced the tress that were used to create the paper.

Hope this helped :)

8 0
3 years ago
If the government set a price ceiling of $40, there would be: Group of answer choices a shortage (or excess supply) of about 8 u
satela [25.4K]

Answer:

A surplus (or excess demand) of about 8 units

Explanation:

The picture attached shows the diagram necessary for the question which is part of the question. Solution is given below;

At the above ceiling at price of 40$

Quantity supplied will be 16

Quantity demanded will be 24

So when demand is more than supply than there will be a shortage in quantity by (24-16) 8 units.

When there is demand more than supply than it is an excess demand.

So surplus or excess demand by 8 units.

5 0
3 years ago
In the 1980s, Japanese competitors brought better-quality chips to the market at lower cost, threatening Intel Corporation's pos
Brut [27]

Answer:

The correct answer is "bottom-up strategy"

Explanation:

The bottom-up strategy emphasizes on the analysis of individual stocks and focuses on the significance of the market cycles. The bottom-up approach utilizes different ways of management to achieve success. The bottom-up strategy may include: Measuring operational risk, Reallocating assets and decision-making power and Forming a unique perception of the company to achieve its goals.

4 0
3 years ago
Adams Furniture receives a special order for 10 sofas for a special price of $3,000. The direct m als and direct labor for each
Misha Larkins [42]

Answer:

                                                                        $

Special order of sofa                                   3,000

Less: Relevant cost of production:

Direct material & direct labour ($100 x 10) <u>1,000</u>

Incremental benefits                                    <u> 2,000</u>

Adams Furniture should accept the special order because the incremental benefit is $2,000

If Adams Furniture Operates at Full Capacity   $

Sales of sofa (10 x $500)                                    5,000

Les: Relevant cost of production

Direct material & direct labour ($100 x 10)       1,000

Incremental benefits                                            4,000

In this case, Adams Furniture should not accept the special order because the incremental benefit of the special order is less than the incremental benefit at full capacity. Adams Furniture can only accept the special order if the buyer is ready to pay $500 per order as against the $300 per sofa offered by the buyer.

                                 

Explanation:

5 0
3 years ago
A one-time gift to your college will provide $25,000 in scholarship funds next year with that amount increasing by 2 percent ann
kherson [118]

Answer:

c) $714,285.71

Explanation:

The computation of the current value of this perpetual gift is shown below:

= (Scholarship fund provided next year) ÷ (discount rate - growth rate)

= ($25,000) ÷ (5.5% - 2%)

= ($25,000) ÷ (3.5%)

= $714,285.71

In order to find out the current value, we considered all the given information that are mentioned in the question

6 0
3 years ago
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