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frez [133]
4 years ago
9

Bill and Sally have been tired of the corporate rat race. They leave their investment banking positions in New York, move to Col

orado and start a business raising Mohair sheep. This couple is an example of the entrepreneurial phenomenon of:___________
Business
1 answer:
Sveta_85 [38]4 years ago
5 0

Answer:

Corporate dropouts

Explanation:

People become entrepreneurs for various reasons. Some have the internal drive to create something or provide a service and become entrepreneurs from a young age.

<u>Some others work for a period of time in an organization and due to certain factors, decide to quit their jobs to become entrepreneurs</u>. Such entrepreneurs are <u>corporate dropouts</u>.

They usually have some experience from their previous jobs that may be useful to them as entrepreneurs.

Billy and Sally are examples of entrepreneurs who are corporate dropouts.

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A restaurateur spends $61 on labor and materials to produce 8 meals. by increasing these costs to $78, he can produce 14 meals.
atroni [7]
The best and most correct answer among the choices provided by the question is the second choice. He has to have negative marginal returns. I hope my answer has come to your help. God bless and have a nice day ahead! Feel free to ask more questions.
6 0
3 years ago
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An example of a positive statement would be
Kisachek [45]

Answer:

D

Explanation:

it would be the last option

5 0
3 years ago
In 2013, there are four open flute positions in major orchestras. A total of 525 professional flutists audition. In the same yea
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The best and most correct answer among the choices provided by your question is the second choice.

The differences of their salaries is that t<span>he bassoonists earn a higher salary than the flutists.</span>

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3 years ago
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Material delays have routinely limited production of household sinks to 400 units per day. If the plant efficiency is 80%, what
andreev551 [17]

Answer:

Effective capacity= 500 units

Explanation:

Effective capacity is defined as the maximum amount of product a manufacturing process can complete in a given period. Considering constraints such as delays, quality problems, and material handling.

Effective capacity is dependent on the design of the system. Design capacity is defined as the theoretical capacity of a system based on its design.

Effective capacity is calculated by dividing the actual capacity by efficiency.

Effective capacity= Actual Capacity/ Efficiency

Effective capacity= 400/0.8

Effective capacity= 500 units

5 0
4 years ago
A perfectly competitive market has a. only one seller. b. at least a few sellers. c. many buyers and sellers. d. firms that set
Natali [406]

Answer:

c. many buyers and sellers.

Explanation:

A perfect market for competition is a market that has a high level of competition.

It has the following features -  

1. With regard to the market, knowledge is great in this rivalry between producer and consumer.

2. Free entry, and exit  

3. Deals with same or homogeneous products  

4. The sellers and buyers are more in this market  

5 0
3 years ago
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