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Nikolay [14]
3 years ago
5

5. What has made California a particularly good place for entrepreneurs

Business
1 answer:
nasty-shy [4]3 years ago
3 0

Answer:

New technology and demand.

Explanation:

The California market is highly attracted to new promoters, industrialists, and entrepreneurs.  

California is a place for business where all types of industrialists, entrepreneurs provide value for new knowledge, new technologies, and new research, etc.

This place can be easily seen by individuals using their capital for new business, hence California is suitable and considered a good place for new industrialists and entrepreneurs.

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The federal funds rate is the interest rate that banks charge one another for short-term (typically overnight) loans. When the F
WARRIOR [948]

Answer: decreases

                                                                         

Explanation: The following practice is done by the central bank in the situation of inflation when there is an excess supply of money in the economy.

The central bank tries to decrease the funds by selling the govt bonds to the banks. This results in decrease in funds from banks as they have to buy such bonds from their respective funds.

6 0
3 years ago
The quantity demanded of cereal increased from 1,350 to 1,700 when the price of milk decreased from $2.05 to $1.65. What is the
Iteru [2.4K]

Answer:

-1.33

Explanation:

Cross price elasticity of demand measures the responsiveness of quantity demanded of good X to changes in price of good Y.

Cross price elasticity of demand = percentage change in quantity demanded of good X / percentage change in price of good Y

Percentage change in quantity demanded = (1700 / 1350) - 1 = 0.2593 = 25.93%

Percentage change in price = (1.65 / 2.05) - 1 = -0.1951 = -19.51%

25.93% / -19.51% = -1.33

I hope my answer helps you

8 0
3 years ago
Melissa Price is a member of the sales force at Urban Fashions, a Houston-based manufacturer of women's apparel. Melissa is prep
oksian1 [2.3K]

Answer:

<u>Pre-approach </u>

Explanation:

In case of personal selling, the seller and prospective buyer come face to face, wherein the former tries to highlight and convey product attributes to the prospect with an objective of effecting a sale.

Under 7 step personal selling approach, pre approach refers to conducting customer research and planning goals for the presentation, which is to be be given to the prospect.

Under this approach, the salesperson fixes up a face to face meeting with the prospect in order to ascertain prospect's needs and wants. Post ascertainment of such needs, the salesperson carries out a presentation, informing the prospect about product attributes which would meet such needs.

In the given case, Melissa is preparing for her first client meeting, trying hard to learn about prospect and his organization i.e customer research. Thus, this is the pre-approach step of the personal selling process.

3 0
3 years ago
Match each type of business with one of its features.
jekas [21]

Answer:

Explanations below

Explanation:A) Sole proprietorship: sole decision making by the proprietor

B) General partnership: there is a profit sharing ratio as agreed by partners

C) Public corporation: it is independent of government.

D) Government corporation: Government has 100% ownership or partly owned with over 50% shares.

3 0
3 years ago
Read 2 more answers
If an excise tax is imposed on restaurant meals, a. fewer meals will be produced and sold b. more meals will be produced and sol
solniwko [45]

Answer:

Correct option is (a)

Explanation:

Excise tax is an indirect tax which is not imposed on customers directly. Excise tax is imposed on producers or sellers for goods produced and they in turn transfer the burden of tax on customers in the form of higher prices. That is why, it is called indirect tax.

It is usually imposed on those goods such as liquor and tobacco whose consumption the Government needs to decrease. If excise tax is imposed on restaurant meals, then the restaurant will be able to produce and sell less at the same price it was charging earlier. If the restaurant wishes to sell more, then it will have to charge higher price.

6 0
3 years ago
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