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yan [13]
3 years ago
6

Entrepreneur definition

Business
2 answers:
Mamont248 [21]3 years ago
6 0
<span>A person who sets up a business or businesses, taking on financial risks in the hope to make a profit.
</span>
dem82 [27]3 years ago
5 0
Google- a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.
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Which of the following statements is true? In market equilibrium:
Vedmedyk [2.9K]

Answer: d. There are no unconsummated wealth creating transactions

Explanation:

In an equilibrium, a price has been reached that everyone is satisfied with. This is why there are no unconsummated wealth creating transactions.

The market has managed to bring together people who are want a certain good more than they will pay for it and sellers who value the good less than they will receive for it. The Equilibrium therefore sets a price that is fair on both these people which will mean that they will not be able to unfairly trade with one another. The person who values the good more than they can pay will be able to pay the person who values the goods less than they will receive. Equilibrium has brought them to a middle ground.

7 0
4 years ago
You land a marketing job with Canon after graduation– in the digital camera division. After introducing a new digital camera, yo
Novosadov [1.4K]

Answer:

The answer is inelastic.

Explanation:

Since the income-elasticity is 0.5(less than 1), it means the product is income inelastic. Income inelastic means that increase in income of households does not mean there will be an increase in quantity demanded(i.e an increase in income lead to decrease in quantity of Canon demanded).

The cross-price elasticity with Kodak camera is equal to 1.25. This means that Kodak and Canon are substitutes

6 0
3 years ago
At the beginning of 2018, Calston Incorporated reports inventory of $10,000. During 2018, the company purchases additional inven
tresset_1 [31]

Answer:

COGS for 2018 :  119,300

Explanation:

We use the inventory identity to solve for Cost of Goods Sold:

$$Beginning Inventory + Purchase = Ending Inventory + COGS

The right side are the input of inventory: it can be from previous prior and purchase from the period. And the left side are the destination, it can be on stock or sold.

We plug our values into the formula and solve for COGS

100,000 + 27,000 = 7,700 + COGS

COGS = 100,000 + 27,000 - 7,700 = 119,300

5 0
3 years ago
Read 2 more answers
Depreciation is a source of cash inflow because
vazorg [7]

Answer: a. it is a non-cash expense, so it needs to be added back to net income when using the indirect method.

Explanation: Depreciation is the measurement of the decline in value of assets. When using the indirect method, since net income is a starting point in measuring cash flows from operating activities, depreciation expenses must be added back to net income. Depreciation is a source of cash inflow because it is a tax-deductible non-cash expense as a result it provides a tax reduction benefit which increases cash flow.

6 0
3 years ago
If you cause a car accident, which type of insurance will require you to pay the least out of pocket?
Bas_tet [7]
Liability because this way you're paying less monthly but at least it covers the damage to the other vehicle
7 0
4 years ago
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