Answer:
franchising
Explanation:
As Burger King will provide their brand and know-how to the franchisee This is a franchising business. The restaurant will operate in a certain way and offering the same products and even, using the same suppliers as the oher Burger King restaurant their degree of liberty will be low but, they will only pay a fixed or percentage of the gains the remainder will be for the owners of the franchise.
Answer:
A
Explanation:
Economic risk is the risk that macroeconomic conditions would affect the value of investment .
Examples of economic risks are Recession and inflation
Answer:
"An entrepreneurial team is a group composed of the entrepreneur plus the firm's banker, CPA, and attorney."
Explanation:
An entrepreneurial team usually consists of 2 or more people with a great interest in the success and future of a company. The work of this team is interdependent as they pursue common goals for success for the venture. They are usually interested in the financial and other areas of a company and include the entrepreneur, the CPA, attorney, and the organization's banker.
Answer: Option (B) is correct.
Explanation:
Correct Option: Value of marginal product curve.
In a case of competitive and profit maximizing firm, the firm demand for labor up to the point where the wages( price of labor) is equal to the value of marginal product of labor. Beyond this point, firm will incurred a loss because the price at which labor is hired is greater than the value of product produce by him.
The value of marginal product of labor is equal to the marginal productivity of labor times the price of the product.
Answer: "fixed cost" .
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(such as "monthly rent" in an apartment lease).
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