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Tasya [4]
3 years ago
8

Importance of entrepreneurship​

Business
1 answer:
Anna11 [10]3 years ago
4 0

Answer:

Entrepreneurship is important, as it has the ability to improve standards of living and create wealth, not only for the entrepreneurs but also for related businesses. Entrepreneurs also help drive change with innovation, where new and improved products enable new markets to be developed.

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This is a debt that will be subtracted from the balance of your account
Archy [21]

Answer:

Debit Card Debt.

Explanation:

Currently, there is a lot of options that you can use in order to obtain loan. But the one that most commonly used are Credit Cards and Debit cards

There is a crucial difference between Credit Cards and Debit cards:

- Debit Cards are issued by the bank. In order to get you have to open an account and deposit a certain amount your money. The amount of the money that you deposit will basically be the limit on how much 'debt' you can take by using the debit card. The amount of money from transaction that you do will be directly subtracted from the balance of your account.

- when you use Credit Card, the amount of money from the transaction will be billed to you at the end of each month or years. The amount wouldn't be directly subtracted from the account.

6 0
3 years ago
A stadium's normal ticket price is $90. If the special promotional price for the ticket is $81, what percentage discount was bei
algol13

Answer:

10%

Explanation:

if you do 10% off of 90$ you get 81$

8 0
3 years ago
In 3–5 sentences, describe how a consumer can use a cost-benefit analysis to decide between buying a concert ticket or buying a
OverLord2011 [107]
First, a consumer will analyze the cost of the products.

Next, the costumer will analyze the benefit that that products could bring for them. Let's say that both products cost  $ 50. The costumer may think :
- The concert will give me about 3 hours of happiness
- while the jeans could give me about 3 years and it motivate me to maintain my weight.

After weighing the benefit, the jeans is more favorable to him because it bring more benefit to him than the tickets so he chose to use his money to buy the jeans instead
5 0
4 years ago
Wealth creating transactions are more likely to occur a. ​With private property rights b. ​With contract enforcement c. Both a a
Marina86 [1]

Answer: C

Explanation:

Wealth is the gradual gathering of profits, assets or income over a period of time. It is the gradual increase in ones assets over a sustained period.

Wealth creating transactions can be found both in contract enforcement and private property rights. The prosperity and economic development of a country can be attributed to the respect accorded to its citizens property rights.

Property rights gives room for entrepreneurship which can eventually lead to wealth accumulation. Contract enforcement also generate wealth for individuals.

8 0
3 years ago
Walters manufactures a specialty food product that can currently be sold for $21.20 per unit and has 19,200 units on hand. Alter
sdas [7]

Answer:

$37,760

Explanation:

The income for the current operation, without further processing, is given by:

I_1 = 19,200*\$21.20\\I_1=\$407,040

If the product is further processed at a cost of $11,200, the company would sell 11,200 units at $31,80 each and 5,200 at $19.20 each, for an income of:

I_2= 11,200*\$31.80+5,200*\$19.20-\$11,200\\I_2=\$444,800

Therefore, the incremental net income of processing further would be:

\Delta I=I_2-I_1=\$444,800-\$407,040\\\Delta I=\$37,760

The incremental net income would be $37,760.

5 0
3 years ago
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