Answer:
True .....this is because the entrepreneur is the risk bearer of the business...he is liable for any profit/loss.
Answer:
C. Both of these( index and mutual funds)
Explanation:
Index funds and mutual funds are examples of diversified investments. In other words, there are portfolio investments. They combine stocks of different companies to form one unit of an investment basket. By purchasing one unit of a diversified portfolio, the investor buys a basket of shares with a single transaction.
Mutual funds are actively managed, whereas Index funds are passively managed. It means mutual funds have a fund manager who manually selects the stocks that will go into the portfolio. An index fund is a portfolio of securities designed to track the price movement of a financial market index. Index funds are less expensive investments than mutual funds because they do not require the services of a professional fund manager.
The pairs of goods for which the cross-price elasticity would be postive are pens and pencils.
<h3>What is cross-price elasticity?</h3>
Cross price elasticity of demand measures the percentage change in the quantity demanded of good A to percentage change in the price of good B.
If cross price elasticity of demand is positive, it means that the goods are substitute goods. Substitute goods are goods that can be used in place of another good.
Here are the options of this question:
a. peanut butter and jelly
b. bicycle frames and bicycle tires
c. pens and pencils
d. college textbooks and iPods
To learn more about price elasticity of demand, please check: brainly.com/question/18850846
Assuming other costs stay the same or go down, production costs would <u>go down</u> because the oil/gas that you use in production is now cheaper.
Answer: $52,800
Explanation:
The effect on profit is:
= (Difference in selling price - Incremental cost per unit of producing the new variant) * Number of gallons of new gallons to be produced
= ((73 - 52) - (132,000 / 8,800) ) * 8,800
= ( 21 - 15) * 8,800
= $52,800
Profit is positive so they should produce the new variant.