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4 years ago

The payment to entrepreneurship is called

1 answer:

6 0

Profit is the payment to entrepreneurship. When the entity’s amount earned exceeds the amount spent in buying, operating, or producing something and it has a financial gain, this is then the term we call the profit. This is what an entity obtains when the amount of revenue from a business activity exceeds the expenses, costs and taxes which are all needed to sustain the activity. The owner may or may not decide to use the profit on the business. This is also defined as the money the business makes after all the expenses have been taken into account. It is any company’s goal to consistently earn profit. This is the reason why much of business performance is based on the various forms related to profitability.

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Kubin Company’s relevant range of production is 11,000 to 14,000 units. When it produces and sells 12,500 units, its average cos

erastovalidia [21]

Answer:

a. $142,500

b. $86,250

Explanation:

a. The computation of the total direct manufacturing cost is shown below:

= (Direct material per unit + direct labor per unit) × number of units manufactured

= ($7.20 + $4.20) × 12,500 units

= $142,500

b. The computation of the total indirect manufacturing cost is shown below:

= (Variable manufacturing overhead per unit + Fixed manufacturing overhead per unit) × number of units manufactured

= ($1.70 + $5.20) × 12,500 units

= $86,250

8 0

3 years ago

Which of the following rewards accrues to the factor of production called "capital"

siniylev [52]

Answer:

As factors of production, the reward for land is rent, capital is interest, labour is wages and salaries and entrepreneur is profit.

6 0

3 years ago

Monique's Unique Boutique sells clothing from around the world in the U.S. Monique regularly travels overseas to find the best a

Jobisdone [24]

Answer:

The correct answer is letter "B": importer.

Explanation:

Importing implies the act of buying goods from foreign countries to use them or resell them domestically. Imports take place when those goods are typically rare or scarce in the country where the goods are going to be used. Most imports include technological products, raw materials, and clothing.

4 0

3 years ago

Assume that a war breaks out abroad, and foreign investors choose to invest more in a large safe country, the United States. The

goldenfox [79]

Answer: the U.S. real interest rate and net exports will both rise.

Explanation: Due to the ongoing war abroad, there would be a reduction in production of goods and services in the affected countries and a rise in the production of goods and services in the safe haven country (US) leading to increased levels of export to meet the demand.

War affects investments negatively. As a result, investments are also moved to the US for safety. However, pressure on US producers and eventual shortage due to increased exports, would lead to inflation and increase in prices of goods and services. To mitigate these effects and to reduce the supply of money, government would increase interest rates.

This explains why both interest rates and export both rise.

5 0

4 years ago

he one key questionable premise underlying personality tests is a. they presuppose that all employees can be validly placed in a

statuscvo [17]

Answer:

c. that all individuals can usefully and validly be categorized on the basis of a relatively small number of personality characteristics.

Explanation:

Personality test asserts that individuals can be categorized based on some personality traits, this is not totally correct as it tends to narrow an individuals personality based on a few characteristics, whereas, an individuals personality is composed of a wide array of traits.

4 0

3 years ago