1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Wewaii [24]
4 years ago
15

Why is money not considered to be a capital resource in economics? Why is entrepreneurial ability considered a category of econo

mic resource, distinct from labor? What are the major functions of the entrepreneur?
Business
1 answer:
Nata [24]4 years ago
3 0

Answer:

Money is not considered a capital resource because money is not productive. It provides access to resources but itself does not directly contribute to the production of goods and services.

Entrepreneurial ability does directly produce goods and services; it organizes the resources that do. Entrepreneurs are risk-takers.

Explanation:

You might be interested in
Standard inc. has an annual interest expense of $40,000. if standard's times-interest-earned ratio is 3.0, what is standard's ea
valentina_108 [34]

Hello!

Time interest earned ratio=income before tax and interest expenses÷interest expenses

3=X÷40000
Solve for x
X=3×40000
X=120000 This is income before tax and interest expenses but we need to figure out earning before tax only as required so
Earning before tax=120,000−40,000
=80,000. Answer

Good luck!

5 0
3 years ago
Wal-Mart was one of the most successful firms of the 1970s and 1980s. Much of Wal-Mart's success can be credited to its expansio
enyata [817]

Answer:

The correct answer is letter "D": Wal-Mart employed a preemptive strategy.

Explanation:

Game Theory is a branch of Economy that studies the decisions in which an individual could succeed if he or she takes into account the decisions of the rest of the participants involved in the event. Game Theory has also been applied for subjects such as <em>Mathematics, Managements, Psychology </em>or <em>even Biology. </em>

In the game theory, the Preemptive Strategy is implemented when individuals take a step before other participants in an attempt of having a favorable outcome of the situation. They lead the event using creativity. Thus, <em>Wal-Mart used the preemptive strategy by opening stores in small towns that supported only one discount store.</em>

8 0
3 years ago
The first stroke of a two-stroke engine represents a. intake stage/compression stage b. power c. compression d. power stage/exha
defon

a. compression

The engine is sometimes referred to as two-cycle engine where one power cycle is completed with two strokes (up and down movements) of the piston during only one rotation of the crankshaft. It used in-cylinder compression, as designed by Dugald Clerk.

3 0
4 years ago
You have $5,000 invested in a bank that pays 3.8% annually. How long will it take for your funds to triple?
TiliK225 [7]
Using compound interest
5000 x 1.035^32 gives me 15033 which is triple the original value, therefore it’s 32 years
3 0
3 years ago
Database Systems is considering expansion into a new product line. Assets to support expansion will cost $750,000. It is estimat
Delvig [45]

Answer:

The net income is $150,500 and the return on assets is 20.06 %

Explanation:

The formula for computing net income and return on assets is shown below and the computation is also made.

Net income =  Sales revenue × Profit margin

                   = $2,150,000 × 7%

                   = $150,500

Return on assets = Net income ÷ total assets

                            = $150,500 ÷ $750,000

                            = 0.2006

                            = 20.06 %

Thus, the net income is $150,500 and the return on assets is 20.06 %

4 0
3 years ago
Other questions:
  • Moss, Inc. has total fixed costs of $56,000 and a contribution margin ratio of 40%. Moss wants to generate net income totaling $
    7·1 answer
  • Janine Alberg's day care cente rhas only one direct competitor on her side of town, but a substitute service is
    15·1 answer
  • Ou are new. your manager is giving you lots of instructions for tasks she wants done. she is speaking so quickly and telling you
    11·1 answer
  • Coachlight Inc. has a periodic inventory system. The company purchased 205 units of inventory at $9.50 per unit and 310 units at
    15·1 answer
  • _______ breaks down a problem into a series of high-level tasks and continues to break each task into successively more detailed
    8·1 answer
  • Real Losers, a diet magazine, collected $360,000 in subscription revenue in May. Each subscriber will receive an issue of the ma
    15·1 answer
  • An extreme case of oligopoly in which firms collude to raise joint profits is known as
    9·1 answer
  • The step in the formal planning process known as __________ involves studying past events, examining current conditions, and for
    13·1 answer
  • Suppose that instead of imposing the per-unit sales tax, the government sets a price ceiling of $7.
    6·1 answer
  • Vigo Vacations has an equity multiplier of 2.5. The company’s assets are financed with some combination of long-term debt and co
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!