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Mashcka [7]
3 years ago
6

Henry Spring, a chef at a major restaurant in San Francisco, wants to start his own restaurant. He surveys the market, finds a s

uitable location, and calculates how much money he will need to lease the building and purchase the necessary equipment and supplies. Henry visits his banker and requests a loan. The money Steve will receive from the loan and the resources he will purchase with it are known as
A)Capital
B)Profit
C)Revenue
D)Collateral
E)Stock
Business
1 answer:
just olya [345]3 years ago
7 0

Answer:

A)Capital

Explanation:

Cpatial is one of the factors of production. Capital includes all man made resocurces used in the production process. They include money, equipment and resocurces.

Other factors of production mentioned in the question are :

Henry- the entrepreneur

Building- land

I hope my answer helps you

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In one hour. Sue can produce 70 caps or 21 jackets and Tessa can produce 50 caps or 25 jackets. Sue's opportunity cost of produc
Marina CMI [18]

Answer:

both Sue and Tessa gain 0.3; 0.50

Explanation:

Sue's production possibilities frontier:

  • 70 caps
  • 21 jackets

Sue's opportunity cost:

  • opportunity cost of producing caps = 21 / 70 = 0.3 jackets
  • opportunity cost of producing jackets = 70/21 = 3.33 caps

Tessa's production possibilities frontier:

  • 50 caps
  • 25 jackets

Tessa's opportunity cost:

  • opportunity cost of producing caps = 25 / 50 = 0.5 jackets
  • opportunity cost of producing jackets = 50/25 = 2 caps

Sue should produce caps and Tessa jackets:

total production = 70 caps (Sue) + 25 jackets (Tessa), if they trade they will both win because each specialized in producing the good in which they have a comparative advantage (lower opportunity costs). If Sue traded and received 21 jackets, she would still have 28 caps left. If Tessa traded and received 50 caps, she would still have 10 jackets left.

6 0
3 years ago
Sometimes when an organization first starts horizontal coordination efforts to promote innovation, is needed to help employees c
Softa [21]

Answer:

The correct answer is letter (1): True.

Explanation:

Implementing a horizontal approach within a firm might not always imply a smooth transition. Some employees may find it hard to communicate with their coworkers because of factors of their personalities or just because they are not familiar with it.  In such cases, leaders must intervene as bridges of communication moreover when conflicts must be solved between subordinates.

5 0
4 years ago
A company desires to sell a sufficient quantity of products to earn a profit of $400,000. If the unit sales price is $20, unit v
Amanda [17]

Answer:

Number of units to be sold = 150000

So option (b) is correct option

Explanation:

We have given net income = $400000

Unit sales price = $20

Unit variable cost= $12

Total fixed cost $800000

Units must be sold to earn net income of $400,000 =

=profit+\frac{total\ fixed\ cost}{sale\ price}-ubit\ variable\ cost=400000+\frac{800000}{20}-12=150000units

So number of units to be sold = 150000

So option (b) is correct option

3 0
3 years ago
Larry is in charge of collecting customer service and satisfaction data for his company. He’s not sure which key groups in the c
Lelechka [254]

Answer:

What are the potential advantages and disadvantages of communicating customer satisfaction results to one group versus another group?

Explanation:

The answer above would be the most appropriate question because Larry does not know whether to share it with the employees, with senior management, or with the whole company.

Larry should try to gauge what kind of effect in the company would produce each one of this three alternatives. For example, sharing the information only with the employees might not seat well with managers, while the sharing the information only with management may be more effective but less transparent.

4 0
3 years ago
Suppose the elasticity of demand for cereal is 1. if cereal increases in price by 25 percent, how much will the quantity demande
notka56 [123]
25 percent is the answer
3 0
4 years ago
Read 2 more answers
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