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Alex17521 [72]
3 years ago
14

What is the role of the entrepreneur in the modern economy?

Business
2 answers:
sdas [7]3 years ago
6 0

Answer: D. To generate wealth

—————————————————-

iris [78.8K]3 years ago
4 0

Answer:

B) TO CREATE JOBS

Explanation:

2. Create Jobs: Entrepreneurs are the organizers of the other factor of production(Land, Labour Capital) and are by nature and definition job creators, as opposed to job seekers. The simple translation is that when you become an entrepreneur, there is one less job seeker in the economy, and then you provide employment for multiple other job seekers. This kind of job creation by new and existing businesses is again is one of the basic goals of economic development. All this in turn creates a lot of job opportunities, and is helping in augmenting our standards to a global level.

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When Job 117 was completed, direct materials totaled $5,090; direct labor, $5,838; and factory overhead, $4,042. A total of 1,49
allsm [11]

Answer:

the per unit cost is $10

Explanation:

The computation of the per unit cost is shown below:

As we know that

Per unit cost is

= Total cost ÷ number of units produced

= ($5,090 + $5,838 + $4,042) ÷ (1,497 units)

= ($14,970) ÷ (1,497 units)

= $10

hence, the per unit cost is $10

We simply applied the above formula so that the correct value could come

And, the same is to be considered  

3 0
3 years ago
According to the video, what tasks do Helpers-Production Workers commonly perform? Check all that apply. fetching and holding ma
snow_tiger [21]

Answer:

fetching and holding materials

moving materials between work areas

keeping records

cleaning machinery

Explanation:

These are correct on edge

7 0
3 years ago
Read 2 more answers
Amanda, a florist, is the owner of Flush Inc. She receives a mail from Pluto Corp., a manufacturer of foam products, offering a
bearhunter [10]

Answer:

Sales promotion

Explanation:

From the question we are informed about Amanda, a florist, is the owner of Flush Inc. She receives a mail from Pluto Corp., a manufacturer of foam products, offering a water-soluble foam brick frequently used for arranging fresh flowers. According to the offer, if Amanda places an order with Pluto, she would be automatically registered to win $10,000 in a customer appreciation contest. This is an example of combining direct marketing with Sales promotion.

Direct marketing can be regarded as any marketing which is based on

direct communication as well as direct distribution of products to individual consumers, it's not carried it with help of third party like social media, texting campaigns or mass media.

Sales promotion can be regarded as a process involving persuasion of a potential customer so they can buy a product. Sales promotion is a technique suitable to be used in short-term tactic so that sales can be boosted, and usually target at consumers.

6 0
3 years ago
Describe an example of a product that has highly elastic demand. Describe at least two factors that make this product's demand s
garik1379 [7]
<span>A good or service is said to be highly elastic if there is a a slight change in price this will cause a  sharp change in the quantity. Usually these kinds of products are readily available in the market - example is jewelry. lottery ticket
 The factors are - The govt that propose a law that is in favor of the industry
availability of substitutes
hope it helps</span>
6 0
3 years ago
Read 2 more answers
In 2021, the internal auditors of Development Technologies, Inc., discovered that a $4 million purchase of merchandise in 2021 w
stich3 [128]

Answer:

No entry required

However, the balance sheet must be adjusted to  represent both, the 4,000,000 inventory and the 4,000,000 accounts payable

Explanation:

As the account involved:

Inventory and accounts payable are permanent account do not alter the net income for the year ended December 31th 2020.

Also as no cash is involve the cash statement is not affected too.

This delay on recording generate no problem for the accounting.

6 0
4 years ago
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