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aliya0001 [1]
3 years ago
13

Cody Barnett describes starting and managing your own business as

Business
1 answer:
artcher [175]3 years ago
4 0

Answer:

Time consuming.

Explanation:

More and more people dream of having their own business not only to dedicate themselves to doing something they like, but also to have more freedom with their time and money.

However, despite the increase in the number of people with this entrepreneurial spirit, not all of them have a deep knowledge of what it means to undertake and are not well aware of the advantages, disadvantages, how to start a business and what kind of profitable businesses can be developed. In addition, many people do not know that setting up their own business is difficult, laborious and time consuming and requires a lot of patience, perseverance and dedication.

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Economics students often confuse (a) diminishing returns related to the variable factors of production and (b) diseconomies of s
Sholpan [36]

Answer:

Marginal Product:

The marginal product of an input that is being used in the production process of a good or services is the extra output generated by using the extra unit of that input. Alternatively, the marginal product is the output generated by the last unit of the input added only.

Explanation:

  1. Diminishing marginal returns means that as you adds more units of that input, the marginal product declines. That is, each additional of extra unit of the input results in decreased and less additional output. For example, the marginal product of labor usually decreases as the amount of labor increases because there is a fixed amount of capital used in the short run, so when labor increases, the capital per unit of labor decreases, which results in each and every extra working being less productive than the previous one.
  2. Dis-economies of scale, whereas, results in an increase in the average cost of production as the number of units increases. That's why diminishing marginal returns refers to production, and dis-economies of scale refers to the average cost. Dis-economies of scale often happened because the production levels get high, there is less management on each employee, resulting in each employee having less motivation to work as hard due to lack of production making it hard to notice that change.So, it may results in the average worker's productivity decreasing, causing the per-unit cost to rise.
7 0
3 years ago
Like other limited liability companies, for federal jurisdictional purposes, Rodeo Productions LLC is most likely a citizen of
Shtirlitz [24]

There are different kinds of company that exist.

This is most likely a citizen of every state of which its members are citizens.

  • Limited liability company is often set up as a form of legal protection for shareholders and owners that hinders people from being held personally responsible for their company's debts or financial losses.

In some business structures, such as corporations and limited companies, firms are registered as a seperate legal bodies. States were members are citizen connote that evey shareholders are from one locality.

Learn more about Limited liability from

brainly.com/question/14023701

7 0
3 years ago
Shondra is thinking of making payments for her laptop by setting up automatic withdrawals with the store. What must
torisob [31]

Answer:

Shondra should be sure she will have enough in her account to be able to make the monthly payments.

Explanation:

5 0
3 years ago
Read 2 more answers
Have some points anyone i dont care :)
VARVARA [1.3K]

Answer:

Hey

Explanation:

Thanks so much.............

4 0
2 years ago
Read 2 more answers
Juniper Bush Farm has a December 31 fiscal year end. The company has six notes payable
marusya05 [52]
Juniper Bush Farm has a December 31 fiscal year end. The company has six notes payable
outstanding on December 31, 2014, as follows:
i. A nine-month, 5%, $25,000 note payable issued on July 1, 2014. Interest is payable
monthly on the first day of each month starting on August 1.
ii. A six-month, 4%, $10,000 note payable issued on September 1, 2014. Interest and
principal are payable at maturity.
iii. A seven-month, 4.5%, $40,000 note payable issued on November 1, 2014. Interest and
principal are payable at maturity.
4 0
3 years ago
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