Answer:
The process of setting up a business is known as entrepreneurship. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures.
D. Square your shoulders before entering the room.
Answer:
$51,608.69
Explanation:
Given that
Interest rate = 5%
Future value = $85,000
Time period = 10 years
So by considering the above information, the Present value is
= Future value ÷ (1 + interest rate)^time period
where,
Future value = $85,000
Interest rate = 5% ÷ 12 months = 0.4166%
Time period = 10 years × 12 months = 120 months
Now the present value is
= $85,000 ÷ (1 + 0.4166%)^120
= $51,608.69
Answer:
$5 per case
Explanation:
Calculation for what The amount of the tax on a case of beer is $ per case.
Using this formula
Tax = Price Consumers Pay−Price Producers Receive
Let plug in the formula
Tax= $7 per case−$2per case
Tax=$5 per case
Therefore The amount of the tax on a case of beer is $5 per case
Answer:
Explanation: The Marginal Product of Labour reaches it maximum value at the point of diminishing returns and then after this point the marginal product of labour begins to fall.
The law of diminishing returns states that as a units of one input are added while all other inputs are held constant, a point will be reached where the resulting additions to output will begin to decrease; that is at this point marginal product will start declining.
Going further at the point of diminishing returns, the marginal product of labour is still above the average product of labour and the average product of labour will continue to increase until marginal product of labour equals average product of labour.
