A. A sole proprietorship <span>is the type of business ownership that has the highest personal liability risk. You are on your own there, and if you make a mistake, the who business fails. </span>
Answer:
$10 what you would have earned at the job
Explanation:
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
When you decide to volunteer, you would not be able to go to work. The opportunity cost of volunteering is what you would have earned if you were at work
The given statement is false. A portfolio is a collection of financial assets, such as securities, bonds, commodities, cash, and cash equivalents, such as closed-end funds and exchange-traded funds (ETFs).
<h3>How would foreign stocks Help in portfolio diversification?</h3>
- A portfolio is a collection of financial assets, such as securities, bonds, commodities, cash, and cash equivalents, such as closed-end funds and exchange-traded funds (ETFs). Most people think that a portfolio's core consists of equities, bonds, and cash.
- By diversifying your assets, it is one strategy to maintain a balance between risk and return in your investing portfolio. Spreading your investments out will limit your exposure to any one form of asset. This approach is known as diversification. This routine is intended to gradually lessen the volatility of your portfolio.
- Building a portfolio with a variety of investments that have various estimated risks and rewards is the technique of diversification. You can be protected by diversification from circumstances that could negatively impact certain investments.
Hence, The given statement is false.
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A joint venture is an attractive way for a company to enter a new industry when a firm is missing some essential skills or capabilities or resources and needs a partner to supply the missing expertise and competencies or fill the resource gaps.
- The joint venture approach to entering a new market is effective when the target company lacks the necessary relationships, resources, and skills to operate well in the new industry.
- Joint venture is a combination of two or more parties that seek the development of a single enterprise or project for profit, sharing the risks associated with its development. The parties to the joint venture must be at least a combination of two natural persons or entities.
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Answer:
Nominal GDP is $74,437.50
Real GDP is $37,250
Explanation:
The computation of the nominal GDP is shown below:
Year 2 = Corn bread quantity × corn bread price + Software quantity × software price
= 125 × $1.5 + 825 × $90
= $187.50 + $74,250
= $74,437.50
And, the computation of the real GDP equals to
= Year 1 corn bread price × year 2 corn bread quantity + Year 1 software price × year 2 software quantity
= $1 × 125 + $45 × 825
= $125 + $37,125
= $37,250