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ratelena [41]
4 years ago
11

-.a) State the main function of a business.

Business
1 answer:
EastWind [94]4 years ago
3 0

Answer:

The main function of a business is to add value to the customers they have chosen to serve.

A business simply satisfies a need or want of people and tries to make something convenient and easy for them.

The more a business understand the requirements, needs and wants of their customers, the more they add value and the more they will remain a successfully company.

Explanation:

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The second hand car purchased by Sally has already been recognized in the GDP in the period it was first sold. To include the purchase cost again will amount to double counting.  Therefore, the expenses that will be included in GDP is the value that has been added, that is, the amount she paid to buy new parts. We do not recognize the value of self service in GDP,  therefore the 120 hours she spent refurbishing the car is not to be included.

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A band sells its music on a website for $0.99 per downloaded song. The revenue function is R(x) = .99x. What is the daily revenu
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