Answer:
C) Learning to fail intelligently
Explanation:
Economics recognizes four factors of production, the first three are land, labor and capital:
- land: includes any raw materials and natural resources used to produce other goods
- labor: human work involved in the production process.
- capital: physical tools and equipment involved in the production process
The fourth and probably most important factor is entrepreneurship. An entrepreneur is the person that combines all the other 3 factors of production into a business. Entrepreneurs take the risk of setting up their own business and many times are great innovators that are able to recognize opportunities and take them.
But doing business is not easy and being an entrepreneur is even harder. No matter how much positive energy and great ideas an entrepreneur has, there is chance that he will fail several times. Creative processes are not linear, they work on a trial and error basis and sometimes that also applies to running a new business. But as the great Micheal Jordan said," the important thing is not how many times you fall, but how many times you stand up."
high energy level
Answer:
coefficient = 0
Explanation:
We have the formula to calculate the price elasticity of demand as following:
<em>Elasticity coefficient = % Change in quantity/ % Change in price</em>
As given:
+) The percentage change in price is: (120-150)/150= - 20%
+) The quantity bought remains unchanged - which means the percentage change in quantity demanded is 0%
=> <em>Elasticity coefficient = % Change in quantity/ % Change in price</em>
<em>= 0/-20 = 0</em>
<em />
<em>So the coefficient of price elasticity of demand in this example would be 0</em>
Answer:
Great Lakes should recognize on the income statement for the year ending December Year 1 $4,000
Explanation:
The income statement only recognize the amount of money that was generated during the period of the income statement.
If the company invoiced by month, it only recognize the total amount for the last four months of the year.
A conventional peg refers to when a country formally pegs its currency at a fixed rate to another currency or basket of currencies where the basket reflects the geographic distribution of trade, services, or capital flows.
for better understanding lets explain what conventional peg means
- conventional peg as related to when country formally (de jure) pinpoint their own currency at a fixed rate to the currency of another said country example is, from the currencies of major trading or financial partners and weights showing on the distribution of trade in different geographical zones
- The known backbone or anchor currency or basket weights are public or notified to the IMF and a country authorities are able to maintain the fixed parity through direct intervention
From the above, we can therefore say that the answer A conventional peg refers to when a country formally pegs its currency at a fixed rate to another currency or basket of currencies where the basket reflects the geographic distribution of trade, services, or capital flows is correct.
learn more about exchange rates from:
brainly.com/question/21384395
Answer:
D Typically fitting an organiatins existing business processes
Explanation:
ERP are business process management soft wares. It allows the organization to use a system of integrated application to automate and mange the back office work related to services, human resources and technology.
It utilizes centralized database for business processes to simplify the workflow and reduce the manual labor. Such software have dashboards where the users can have a look at the real-time data that is collected from various business processes to measure profitability and productivity. Odoo, SAP Business One, SAP ERP and Microsoft Dynamics are some ERP soft wares.
