Definition: the skill and risk taking ability of the person who brings the other resources or factors of production together to produce a good or service e.g. the owner of a business. These people are called entrepreneurs
Opportunities of an entrepreneur:
• involves the sale or lease of any product, service, equipment that will enable the purchaser-licensee to begin a business.
• invest in (multiple) businesses
•quality content
• foreign markets
•crowdfunding
To determine the tax amount you multiply the gross pay and the tax percentage. In this case, you would multiply $35,600 by .16 which equals $5,696 for the federal tax year. Remember: to convert a percentage to a decimal number, move the decimal place 2 places to the left.
Answer:
$4,292,699.99
Explanation:
Calculation to determine How much in new fixed assets are required to support this growth in sales
Full capacity sales = $800,000/0.95 = $842,105.26
Capital intensity ratio = $480,000/ $842,105.26 = 0.57000000
Fixed asset need = ($890,000 × 0.57000000) - $480,000 = $4,292,699.99
Answer:
the value of imports increasing by more than the value of exports at the time of devaluation.
Explanation:
J-curve effect means the starting depreciation effect based on the balance of trade that should be negative also when the imports and the exports adjusted on the long run with respect to the changes made in the prices so the net effect should be positive
So as per the given situation, the above should be the answer
