I know three because my dad told me and I hope it helps you!! :D
Conduct market research.
Write your business plan.
Make your business legal.
Answer:
Sole proprietorships and partnerships generally have a tax advantage over many corporations, especially large ones.
Explanation:
Sole proprietorships have a few advantages over different business substances. They are anything but difficult to frame, and the proprietors appreciate sole control of the business benefits. In any case, they likewise have disadvantages, the biggest of which being that the owner is personally liable for all business losses and liabilities.
Answer:
$11.2
Explanation:
Calculation to determine what the unit price of Y in 2012 is closest to
Using this formula
GDP deflator = nominal GDP / real GDP
First step is to calculate the Nominal GDP 2013 using 2013 price
Nominal GDP 2013= (13.8 *352) + (11.1 *182.5)
Nominal GDP 2013= 4857.6 + 2025.75
Nominal GDP 2013 = 6883.35
Second step is to calculate Real GDP 2013 using 2012 price
Real GDP 2013= (13.3* 352) + (Pa 182.5)
Real GDP 2013= 4681.6 + 182.5(Pa)
Now let what the unit price of Y in 2012 is closest to:
102.4% = 6883.35 / (4681.6 + 182.5Pa)
Pa =$ 11.18
Pa=$11.2 (Approximately)
Therefore the unit price of Y in 2012 is closest to:$11.2
People will buy at places that are cheap and sell at more expensive prices because:
- The transactions costs would be too high.
- There's little resale market for used Big Macs.
- They would be expensive to transport.
- They're perishable.
<h3>What is transactions cost?</h3>
Transactions cost simply mean the expenses that are incurred when one buys or sells a particular product.
In this case, the above options are the reasons why people are unlikely to buy Big Macs in the places where they are relatively cheap according to purchasing power parity.
Learn more about transactions cost on:
brainly.com/question/1405573
Answer:
c. It has been fueled by trade, immigration and foreign investment
Explanation:
Globalization refers to integration of domestic economy with respect to the world economy.
Import quotas refers to the duties and taxes imposed on the imported goods.
The concept of Globalization has witnessed drastic rise over the years owing to international trade, removal of pre-existing trade barriers, immigration of personnel and foreign investment which has seen a rapid rise in multi national corporation growth around the world.
Thus, Globalization has been driven by trade, immigration and foreign investment.