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3 years ago

In 1–3 sentences, explain the role of entrepreneurs in the economy.

2 answers:

8 0

To create economic growth and develoment by reducing unemployment and developing skill of citizens to meet the job requirements

jenyasd209 [6]3 years ago

4 0

ANSWER: There are many ways how entrepreneurs benefit the economy. Few of them are

1) Create Jobs: Entrepreneurs create jobs in the community. When someone opens a new business or expands his new business, he will need human resource to help him to do his works.

2) Wealth Creation: Entrepreneurs pool in their own money and attract investment from lenders, banks and other investors. This mobilizes public wealth.

3) Exports: Entrepreneurs after growing in their businesses will want to export their products as a part of extending their market. This will help gain foreign currency in the country.

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Student aid is based on either financial need or _____ need.

Darina [25.2K]

Answer:

merit-based

Explanation:

Financial aid takes many forms, and most often does not need to be paid back.. merit based need is based on academic excellence

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3 years ago

what term describes the registration of a domain name (website address) solely for the purposes of trying to sell the name back

stich3 [128]

Cybersquatting describes the registration of a domain name (website address) solely for the purposes of trying to sell the name back to the rightful trademark owner for a profit.

What is Cybersquatting?

The word "cybersquatting," as it is known in the general public, is most usually used to refer to the intentional, abusive, and bad faith registration of a domain name in violation of trademark rights. But because of its widespread use, the phrase means different things to different individuals. For instance, while some individuals distinguish between the two phrases, others add "warehousing," or the process of registering a number of domain names that match to trademarks with the goal of selling the registrations to the trademark owners. [1] In the earlier meaning, the cybersquatted can make an exorbitant offer to sell the domain to the person or business that owns a trademark that appears inside the name.

To learn more about Cybersquatting

brainly.com/question/14388908

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1 year ago

Which statement about truffles is correct? A. They resemble pineapple in texture and color. B. They're prized for being both ple

s2008m [1.1K]

The correct answer is C.

8 0

3 years ago

Read 2 more answers

Select the question that can be answered using only raw data. Multiple choice question. Which of the perishable items used by a

QveST [7]

The question that can be answered using only raw data is C. What is the date, amount sold, and customer number for a sale transaction?

Raw data refers to data that has not been processed for use.

For example, unlike the perishable items to be ordered first or the lowest sales per week data, the data on the date, amount sold, and customer number for a sale transaction remain unprocessed and therefore raw.

Thus, the question that can be answered using only raw data is C. What is the date, amount sold, and customer number for a sale transaction?

Learn more about raw data at brainly.com/question/26207955

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2 years ago

True or False: If Jake's Fire Engines were a competitive firm instead and $75,000 were the market price for an engine, decreasin

nirvana33 [79]

Answer:

False

Explanation:

If Jake decides to increase total sales volume by decreasing the price of its engines, the decrease in price is too large compared to the increase in quantity demanded. The number of engines sold will increase from 5 to 6 (1 more unit) while the price of each engine will decrease from $75,000 to $50,000.

In this scenario, engines are price inelastic:

PED = % change in quantity demanded / % change in price = [(6 - 5) / 5] / [($50,000 - $75,000) / $75,000] = (1 / 5) / ($25,000 / $75,000) = 0.2 / 0.33 = 0.6

when PED is less than 1, the demand is inelastic. This means that a decrease in price will result in a smaller proportional increase in quantity demanded.

3 0

3 years ago