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Alex Ar [27]
3 years ago
13

Two ways in which entrepreneurship can help to combat unemployment and improve the economy of south africa

Business
1 answer:
zmey [24]3 years ago
5 0

<span>One is through innovation. New innovation meant new jobs for the nation. One example is Bheki Kunene, a young entrepreneur of South Africa. At age 27, he founded Mind Trix Media providing jobs and a profit. Next is it improves economy by being able to partner with big companies in the other countries.</span>

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Wallyworld Company manufactures a product with the following costs per unit at the expected production level of 84,000 units: Di
atroni [7]

Answer:

Income increased by $315,000

Explanation:

Since there is spare capacity available, we assume there are no incremental fixed costs and as such we only analyze relevant variable costs that vary with the order to identify the possible income effect.

Profit per unit = Order Selling price - Direct + Variable costs

Profit = 100 - 12 - 18 = $70

Total profit from the order = 70*4500 = $315,000

We do not include fixed costs as these will have to be paid regardless of the order. These fixed overheads are probably already absorbed fully given the current production level of 84000 units.

Hope that helps.

5 0
3 years ago
According to dan bricklin, inventor of visicalc, what is the most effective and efficient way to move forward with an idea?
Step2247 [10]

The most effective and efficient way to move forward with an idea is "create a prototype".

A prototype is an early example, model, or arrival of an item worked to test an idea or process or to go about as a thing to be reproduced or learned from. It is a term utilized in an assortment of settings, including semantics, plan, hardware, and programming.

4 0
3 years ago
Tucan Company manufactures a product requiring 0.5 ounces of platinum per unit. The cost of platinum is approximately $300 per o
spin [16.1K]

Answer:

$163,200

Explanation:

Tucan Company

Purchase Budget for the Month of August

Production Requirement ( 11,00 x  0.5 )          550

Add Closing inventory ( 980 x 0.5 x 10%)         49

Total                                                                  599

Less Opening Inventory ( 11,00 x 0.5 x 10%)   (55)

Materials Required                                          544

Cost $300

Total Cost                                               $163,200

5 0
3 years ago
Henry, who is not a dependent, states he wishes to claim EITC this year for his 35-year-old dependent child. Both reside in the
Evgen [1.6K]

Answer:

in order for Henry's child to qualify as a dependent, the following requisites must be met:

  • since the child is disabled, there is no age limit, but he/she must live with Henry and Henry must pay for at least half of his/her expenses
  • the disability must be permanent and total (a letter from a doctor, social service worker, or social service agency that provides proof of this is required
  • the child must be Henry's son or daughter, or legally adopted child
  • Henry must have earned income (i.e. Henry must work)
  • Henry's investment income (besides earned income) must be less than $3,650 during the last year
  • Henry must file as single filer or head of household
  • Henry must not have received foreign income
3 0
3 years ago
Which option best describes the main behavior that economics studies?
lina2011 [118]

Answer:

A. People creating different governments around the world

Explanation:

economics looks at how the world’s resources are used by and distributed among individuals and organizations.

5 0
4 years ago
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