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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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2 years ago
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Joe sends for a MBA catalog from State University. According to the catalog, the MBA applications are evaluated on the basis of
irinina [24]

Answer:

The answer is: C) There is a valid contract

Explanation:

According to Appellate Court ruling in Steinberg v. Chicago Medical School;

The two parties (Joe and Sate University) entered a valid contract agreement upon receiving the $100 dollar application fee from Joe. State University´s catalog is considered to be the Offer part of this contract and the $100 application fee is considered the Consideration part of the contract.

7 0
3 years ago
Last year Carson Industries issued a 10-year, 12% semiannual coupon bond at its par value of $1,000. Currently, the bond can be
Nataly [62]

Answer:

YTM = 8.93%

YTC = 8.47%

Explanation:

P = \frac{C}{2} \times\frac{1-(1+YTC/2)^{-2t} }{YTC/2} + \frac{CP}{(1+YTC/2)^{2t}}

The first part is the present value of the coupon payment until the bond is called.

The second is the present value of the called amount

P = market price value = 1,200

C = annual coupon payment = 1,000 x 12% 120

C/2 = 60

CP = called value = 1,060

t = time = 6 years

P = 60 \times\frac{1-(1+YTC/2)^{-2\times 6} }{YTC/2} + \frac{1,060}{(1+YTC/2)^{2\times 6}}

Using Financial calculator we get the YTC

8.467835879%

P = 60 \times\frac{1-(1+YTM/2)^{-2\times 10} }{YTM/2} + \frac{1,000}{(1+YTM/2)^{2\times 10}}

The first part is the present value of the coupon payment until manurity

The second is the present value of the redeem value at maturity

P = market price value = 1,200

C = coupon payment = 1,000 x 12%/2 = 60

C/2 = 60

F = face value = 1,060

t = time = 10 years

Using Financial calculator we get the YTM

8.9337714%

4 0
3 years ago
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expeople1 [14]
False I believe , you shouldn’t have negativity thrown at you just because of your occupation
8 0
2 years ago
In the manufacture of 9,400 units of a product, direct materials cost incurred was $174,900, direct labor cost incurred was $109
stiv31 [10]

Answer:

$154,000

Explanation:

Calculation to determine the total conversion cost

Using this formula

Total conversion cost=Direct labor cost incurred

+Applied factory overhead

Let plug in the formula

Total conversion cost =$109,800+$44,200

Total conversion cost=$154,000

Therefore Total conversion cost is $154,000

5 0
3 years ago
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