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3 years ago

Why is entrepreneurship important to society?

Business

1 answer:

almond37 [142]3 years ago

7 0

Answer:

Etrepreneurship is important as it has the ability to improve standards of living and create wealth, not only for the entrepreneurs, but also for related businesses. Entrepreneurs also help drive change with innovation, where new and improved products enable new markets to be developed.

Explanation:

Hope I helped

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Kari is on a trip to italy. she has made a list of cities she would like to tour while she is there, as well as how much she exp

stealth61 [152]

Based on the amount budgeted and the cost of sight seeing, kari has almost exactly enough left in her budget to see genoa.

<h3>Which city should Kari see?</h3>

Exchange rate is the rate at which one currency is exchanged for another currency. In ths question, 1 dollar is exchange for 0.6859 euros.

The first step is to convert the amount budgeted to Euros: 585 x 0.6859 = 401.25
Cost in Euro of seeing Naples : 0.6859 x 71.06 = £48.74
Cost in Euro of seeing Venice : 0.6859 x 113.38 = £77.77
Total cost of the sightseeing = £48.74 + £77.77 + £68.77+ £95.41 + £49.69 + £60.85 = £401.25

To learn more about exchange rate, please check: brainly.com/question/13717814

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2 years ago

What is the term that describes when the amount of goods produced is about the same as the number of consumers who are willing t

Anarel [89]

<h2>Answer:</h2><h2>Equilibrium point </h2><h2>An optimum position of a market price that generates the equal amount on demand and supply for a product or service </h2>

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3 years ago

Based on the reasonable-consumer standard, a consumer should be protected by the government ____________.

Alinara [238K]

This is the standard that the government should protect consumers but that consumers are also expected to be responsible and stay informed.

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3 years ago

A manufacturer of microwaves has discovered that female shoppers have little value for microwaves and attribute almost no extra

irga5000 [103]

Answer:

For simplicity, assume there is only 1 man and 1 woman and that if the price of a microwave is equal to an individual's willingness to pay, the individual will purchase the microwave.

If the number of male and female buyers is the same, then the best pricing strategy is to offer 2 different microwaves (option 3). One simple and cheap microwave for women and one with auto-defrost for men.

Strategy Revenue Revenue Total Revenue

from men from women from strategy

1. Auto-Defrost $82 $82 $164

Microwave only

at $82

2. Auto-Defrost $148 $0 $148

Microwave only

at $148

3. Simple $131 $66 $197

Microwave at $66,

Auto-Defrost

Microwave at $131

Suppose that, instead of one man and one woman, the market for this microwave consisted entirely of men. For simplicity, you can assume this means that there are two men, and no women. Under these conditions, pricing strategy <u>2. Auto-Defrost Microwave only at $148</u> would maximize revenue for the manufacturer.

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4 years ago

Old Time Savings Bank pays 4% interest on its savings accounts. If you deposit $1,000 in the bank and leave it there: a. How muc

swat32

Answer: The answer is as follows:

Explanation:

Given that,

Deposits = $1000

Interest rate = 4%

(a) Compound interest = principal × $(1 + \frac{R}{100})^{n}$