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Rudik [331]
3 years ago
12

What is meant by a viable business idea?

Business
1 answer:
Alinara [238K]3 years ago
6 0
A business idea that someone has researched their idea and whether it would work. They must identify who the customers are, research what their income is and what their buying habits are etc. to see how much of a profit they would make and if their business would work out.
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Answer: Option (c) is correct.

Explanation:

Correct option: The demand facing the firm is downward-sloping because it is the market demand.

In a monopoly market conditions, there is a single seller in the market and the monopolist firm is price setter. But the demand curve faced by the monopoly firm is downward sloping because monopolist is a single firm who is operating in the market and there is a need to reduce prices if he wants to sell an additional units.

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A- relevance and reliability

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Which statement is correct?
Allisa [31]

Answer: (C)  The production of non durable consumer goods is more stable than the production of durable consumer goods over the business cycle.

Explanation:

 The consumer durability of the goods has the significant life span and the production of the non durable goods of the consumer are basically purchased for the immediate consumption over the business cycle so that is why it is more stable as compared to the production of the durable goods.

The example of the durable consumer goods are smartphones, furniture and the other household appliances. On the other hand, the non durable consumer goods are more stable as it contain daily use material like food, clothes and beverages.  

4 0
3 years ago
In a neoclassical economy, assume that the government lowers both government spending and taxes by $100 billion. If the marginal
Zigmanuir [339]

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rise by $40 billion

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Therefore the investment will rise by $40 billion

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When considering barriers to international communication, companies should be aware that noise tends to increase the probability
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True, I believe so if not then correct me.
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