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valkas [14]
3 years ago
13

True entrepreneurs: a.hire professional managers to run their businesses. b.are professional managers whose job is running someo

ne else’s business. c.undergo the process of planning and operating a business venture. d.assume less-than-total personal risk for the success or failure of the business.
Business
1 answer:
Minchanka [31]3 years ago
4 0

Answer:

c.undergo the process of planning and operating a business venture

Explanation:

The definition of an entrepreneur is someone who seeks a market opportunity, and once it is found, starts a business with the goal of exploiting that market opportunity, investing capital and labor and incurring in financial risks, with the goal of obtaining a profit.

In other words, a true entrepreneur has to plan the way the business will be set up, including planning for capital, labor, and land costs. After the business is started, a true entrepreneur becomes the primary manager, which means that the operation of the business falls under his responsability.

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The demand for ben & jerry's ice cream will likely be ________ the demand for dessert.
kotykmax [81]

The demand for ben & jerry's ice cream will likely be more price elastic than the demand for dessert.

<h3>What is the elasticity of Demand?</h3>

When all other conditions are equal, the elasticity of demand is a concept in economics that quantifies how responsive consumers are to shifts in the quantity desired as a result of a price adjustment. In other words, it demonstrates the number of things consumers are willing to buy as the cost of those products rises or falls.

By dividing the percentage change in quantity by the percentage change in price during a specific period, the elasticity of the demand formula is computed. It appears as follows:

Elasticity is defined as % change in quantity / % change in price.

The quantity demanded as a result of a percentage change in a product's price is hence the measure of demand elasticity. Demand can be elastic or inelastic depending on whether products' demand is more responsive to price fluctuations. When a product's demand is flexible, the desired quality is extremely responsive to price variations. When a product's demand is rigid, the desired quality does not adapt well to price variations.

Therefore, The demand for ben & jerry's ice cream will likely be more elastic than the demand for dessert.

For more information on the elasticity of demand, refer to the following link:

brainly.com/question/23301086

#SPJ4

7 0
2 years ago
Crane Company issued common stock for proceeds of $389000 during 2019. The company paid dividends of $88000 and issued a long-te
ivann1987 [24]

Answer:

$284,000

Explanation:

Calculation to determine what The financing section of the statement of cash flows will report net cash inflows of

Using this formula

Net cash inflows=Common stock-Dividends-Treasury stock

Let plug in the formula

Net cash inflows= $389000-$88000 -$17000

Net cash inflows=$284,000

Therefore The financing section of the statement of cash flows will report net cash inflows of $284,000

6 0
3 years ago
Chapter 7 bankruptcy involves...
Vsevolod [243]
D is correct answer. 

They providing a method for student loans to be forgiven.

Hope it helped you.

-Charlie
4 0
3 years ago
Read 2 more answers
Read the following scenario. An urban area in southern Texas is rapidly growing. The population has almost doubled over the past
Alex73 [517]
I'm not 100% sue but I think the answer is option D: District boundaries will remain the same, but the voting pattern will shift from Republican to Democratic. Hope this helps!
7 0
3 years ago
Assume a company buys a machine worth $1 million and pays for it by borrowing the funds from a bank. The firm's assets will rise
FinnZ [79.3K]

Answer:

True

Explanation:

When machine is purchased, then the assets increase by the carrying or purchase value of the machine purchased. Here, it is of $1 million.

Further, when it is purchased as against any credit, it creates a liability with the same amount.

Since here also the liability amount = $1 million, it will be recorded with the same.

As there is no involvement of Equity or Retained earnings this do not lay any impact on carrying value of owners equity.

Thus, it is True.

6 0
3 years ago
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