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Serjik [45]
3 years ago
9

The purpose of business activity is to make profit for business? True\False

Business
1 answer:
vladimir2022 [97]3 years ago
8 0
The answer is true .
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Which are examples of free enterprise?
iVinArrow [24]

Answer:

1

It's because limited powers of government ensures that there is no misuse of power for profit making business because it will not help them achieve economic goals and community property distributes the equal shares among workers and economic freedom provides the company to have freedom to expand its community business so that profit making businesses can stop

7 0
3 years ago
During the four quarters for 2017, the Browns received two quarterly dividend payments of $0.18, one quarterly payment of $0.20,
Doss [256]

Answer:

$210.60

Explanation:

The total dividend income is shown below:

= Number of shares owned × quarterly dividend × two +  Number of shares owned × quarterly dividend +  Number of shares owned × quarterly dividend

= 270 shares × $0.18 × 2 + 270 shares × $0.20 + 270 shares × $0.22

= $97.20 + $54 + $59.40

= $210.60

Simply we considered all the quarterly payments and multiplied with the number of shares owned

7 0
3 years ago
The average total cost of producing electronic calculators in a factory is $30 at the current output level of 220 units per week
pochemuha

Answer:

The variable cost (related to the production volume) will be 5,865 in total per week (220 units)

or 26.66 per unit

Explanation:

220 units x 30 dollar total unit cost =  6,600

the total cost is compose of both, variable and fixed cost so we have to subtract the fixed cost to arrive to the variable cost.

total cost = fixed + varible

total - fixed = variable

6,600 - 735 = 5,865

The variable cost are 5,865 in total

while: 5,865 / 220 = 26,66 per unit

7 0
3 years ago
Advantages corporations had over small business included: a. raw material discounts b. reduction of unit cost c. specialists d.
kondaur [170]

Answer:

a. Raw material discounts

b. Reduction of unit cost

c. Specialists

d. Better production methods

Explanation:

a. Corporations have various advantages over small businesses. Because they buy  raw materials in bulk they are able to negotiate volume discount. This gives them more advantage over the small business who cannot buy in bulk.

b. A fall out from the above is reduction of unit cost or average cost, when discount is received it reduces the total cost of material and by implication the unit cost.

c. Because of their size and financial strength, corporation is able to attract qualified employees as opposed to small businesses that are limited by their financial position.

d. Corporations because of their financial strength are able to finance research with view to discovering a better production methods. This may be impossible to small businesses.

8 0
3 years ago
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rusak2 [61]
Angel Investors
You have a unique idea for a business it will be successful. You find an individual willing to invest $1..
6 0
3 years ago
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