When researching your prospective business you should focus on your product and target customers.
The OSHA regulations should still be followed. Failure to do so will expose the company to fees, penalties, and potential legal vulnerabilities.
Answer: Fixed Cost
Explanation: Fixed cost will always be a relevant cost because a business must incur fixed cost during the course of the business.
Fixed cost are cost that are not depended on sales or activity level of the organisation and they are incurred in as much as the business is operational.
Examples of fixed costs are:
Utilities, salaries, rent, depreciation etc.
Fixed costs has a high influence on the profit/ loss of any organisation.
Answer:
$65,000
Explanation:
The total cost of the additional order will be $46,000 of fixed costs and an additional $160 of variable costs for each of the 370 bikes. The additional production cost is:

If each bike is going to be sold for $460, then the additional income (excluding taxes) from accepting this order is:

Radar's additional income is $65,000.
Answer:
There are generally three important types of economic resources: Natural Resources, Human Resources and Capital Resources, that contribute to the economy of the nation.
Explanation:
Economy of any nation is dependant on the resources that the nation exhibits. There are generally three important types of economic resources namely; Natural Resources, Human Resources and Capital Resources.
- Natural Resources: These are naturally created resources that are available in any nation and also contributes to the economy of that particular nation. These resources cannot be created by man and are mostly available because of the geographic factors. Examples of these resources are Agriculture, Water resources, etc.
- Human Resources: These are manpower that are available to contribute in the growth and development of economy of the nation. Human resources are considered an important asset of any nation. Without the availability of sufficient human resources, the other resources are useless.
- Capital resources: These are the financial resources available with any nation that contributes in the development and growth of that particular economy. When wealth and money are used to create more wealth and money, these resources comes under the capital resources of the nation.