<span>They are all examples of primary activities. They are a part of Michael Porter's value chain, and they provide an edge to the company that performs them. They aim to make a value that outvalues the cost of performing the activities, and make the company a profit as a result.</span>
A. One form of assistance given to entrepreneurs by the government is subsidized loans through the Small Business Administration to help get started. Local governments may help entrepreneurs by giving them tax incentives like not charging them property taxes for a set period of time if they locate their new business in their town or county.
B. The government should assist entrepreneurs because new businesses normally mean new jobs, and it is very important to keep the job market healthy. Another reason that they should help entrepreneurs is because small businesses often make big contributions to society, so by helping the small businesses they are helping people in general. For example, a small business that takes care of elderly people in their home are improving the quality of life for the elderly people so that they don’t need to move to a nursing home.
Answer:
The contribution margin ratio is closest to 40%
Explanation:
The contribution margin ratio calculates the percentage of sales that will contribute to cover fixed costs and earn a profit. The contribution margin is the difference between the selling price per unit and the variable cost per unit of a product. The contribution margin ratio is the contribution margin per unit represented as a percentage of selling price per unit or total contribution margin represented as a percentage of total sales revenue.
CM Ratio = Total contribution margin / Total Sales revenue
CM ratio = 72000 / 180000 = 0.4 or 40%
Answer:
The answer is: D) With increases in technology, the aggregate production function shifts up, indicating more output is produced from the same amount of inputs.
Explanation:
Technological improvements in new manufacturing machines and tools enable the production of more manufactured goods using the input. As technology increases, the production function shifts upward, is steeper, and the marginal product of capital increases.
