How to start a business

1 answer:

5 0

Step 1: Create a good idea

Step 2: Make a prototype

Step 3: Start making about 100 of your products

Step 4: Go to your neighbors, spam on social media, etc.

Step 5: If they sell out fast keep making more

Step 6: Go to an investor

Step 7: You have a business

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Suppose that there is asymmetric information in the market for used cars. Sellers know the quality of the car that they are sel

denis23 [38]

Answer:

A buyer would be willing to pay at most $24,000.

Explanation:

There is a 40% chance of getting low quality cars.

Value of high quality car is $30,000.

Value of low quality car is $15,000.

Price of car that buyer will be willing to pay

=40% of lower quality+60% of higher quality

=40% of $15,000+60% of $30,000

=0.4*15,000+0.6*30,000

=$6,000+$18,000

=$24,000

So, the buyers will be willing to pay a maximum value of $24,000.

8 0

3 years ago

What job did drivers perform on large southern plantations?

Elan Coil [88]

The occupation did drivers perform on vast southern ranches since they managed the work of slaves. On the off chance that slaves did not take after requests, they likewise rebuffed the slaves.

I hope the answer will help you.

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3 years ago

The Jabba Corporation manufactures the "Snack Buster" which consists of a wooden snack chip bowl with an attached porcelain dip

Masja [62]

Answer:

The fixed overhead cost that can be eliminated if the bowls are purchased from an outside supplier is a relevant cost. The variable selling cost of the snack is also a relevant cost.

The correct answer is A

Explanation:

Relevant costs are costs that relate to future decisions. All variable costs are relevant for decision-making. Eliminated fixed overhead are also relevant for decision-making.

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3 years ago

Van, a friend of yours from high school, recently called. He asked if you could explain to him how the value of his portfolio wo

12345 [234]

Answer:

Van is asking about Investment area of finance.

Explanation:

The developments reported can affect the market sentiments generally.
The service provided by the Finance professional to his investor friend in the given context is advice regarding Investments.
A investment is a resource or thing gathered fully intent on creating pay or acknowledgment.
In a monetary viewpoint, a venture is the acquisition of merchandise that are not devoured today however are utilized in the future to produce abundance

Learn more about investment, refer :

brainly.com/question/14847954

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3 years ago

Adams Bautista needs $26,700 in 8 years. Click here to view factor tables

alexandr1967 [171]

Answer:

a. $10,783.68

b. $10,510.36 semi annual compounding

Explanation:

a. This question requires the present value of $26,700 given 8 years and compounded annually at 12%.

Present Value = $\frac{Future Value}{ ( 1 + interest)^{number of periods} }$