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3 years ago

What serves as an incentive for entrepreneurs

Business

2 answers:

natta225 [31]3 years ago

8 0

Profit? Success? not sure without options

nordsb [41]3 years ago

3 0

Profit is the answer

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Suppose the company that owns the vending machines on your campus has doubled the price of a can of soda. if they then still sel

Ierofanga [76]

The answer would be that there are few other places to purchase soda on campus; competition (or lack thereof) can play a big factor in determining price elasticity.

While nutrition information can shift consumers' preferences, we have no indication within the question of whether or not the students are well-informed of the impact of their drinking choices.

As for the third option, we are not given any information on the students' budgets, and no information with which to infer this, either. We only have information on their spending as it is related to soda, not as compared to other purchases.

Finally, given that the quantity sold does not change much despite the change in price, we can conclude that this price curve is relatively inelastic, in which case the price elasticity of demand would be closer to zero than one. This effectively rules out the last answer.

8 0

3 years ago

Melanie fitzpatrick is an american expatriate assigned to england. during a business meeting in london with important local cust

melisa1 [442]

If the customer wants "to table" the discussion on price then I assume he wants to hold it for later ie not deal with it right now but defer it to a later date perhaps to when more data is available either from Melanie or from him to be able to make the discussion more meaningful.

4 0

3 years ago

The charter of a corporation provides for the issuance of 100,000 shares of common stock. Assume that 45,000 shares were origina

Sladkaya [172]

Answer:

amount of cash dividend paid = $80000

so correct option is 1. $80,000

Explanation:

given data

common stock = 100,000 shares

shares issued = 45,000

subsequently reaquired = 5,000

dividend= $2 per share

to find out

What is the amount of cash dividends

solution

first we get here no of share outstanding that is

no of share outstanding = shares issued - subsequently reaquired .........1

no of share outstanding = 45000 - 5000

no of share outstanding = 40000 shares

and

now we get amount of cash dividend paid here as

amount of cash dividend paid = outstanding share × dividend share ...........2

amount of cash dividend paid = 40000 × $2

amount of cash dividend paid = $80000

so correct option is 1. $80,000

5 0

3 years ago

Which leadership skill do you feel is most important for a small business to succeed for a

tensa zangetsu [6.8K]

In my opinion, reliability and consistency are two of the most important leadership skills for a small business to succeed for a long time. With these two characteristics a small business can build a returning customer base as well as a good rating on review websites. For example, many local barbershops provide consistent quality haircuts which builds reliability and in turn demand and returning customers.

4 0

2 years ago

Data for Corporation and its two divisions, Domestic and Foreign, appear below:

kari74 [83]

Answer:

the segment margin for the Domestic division is $162,200

Explanation:

The calculation of the segment margin is shown below:

Segment Margin is

= Domestic Sales Revenues - Domestic Variable Expenses - Domestic Traceable Fixed Expenses

= $541,000 - $314,000 - $64,800

= $162,200

Therefore the segment margin for the Domestic division is $162,200

7 0

2 years ago