Perseverance is the most important trait of a successful business owner
Answer:
They are: business, marketing, accounting, project management, and human resources.
Hope it helps...
The opportunity cost is greater than the one of the apples
Answer:
prototyping
Explanation: Because with this stage you will be able to see rough draft of the product and you will be able to the strongest and weakest parts of your project. Prototyping makes it possible to concertize an idea and to understand which aspects of the idea prove difficult or impossible to implement. Making a prototype can thus highlight unanticipated physical, technical or financial constraints.
Answer:
The correct answer is option B.
Explanation:
Betty's beads is a firm in a perfectly competitive market.
Currently the marginal cost of the firm is $12.
The marginal revenue is $15.
The average total cost is $10 and the average variable cost is $8.
A perfectly competitive firm faces a horizontal line demand curve which also represents the marginal revenue. This implies that the price of the firm is $15.
The firm is earning a profit as the revenue earned by the firm is higher than costs incurred. This will attract other potential firms to join the market in the long run.
