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2 years ago

The ____ of startup ventures depends heavily on the entrepreneur's personal resources

1 answer:

4 0

<span>The success of startup ventures depends heavily on the entrepreneur's personal resources. While it is sometimes possible to begin a project with minimal investment, in order to continue and eventually succeed, one always needs access to financial resources or the project will inevitably run out of steam.</span>

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When the price of hamburgers increased from $1.50 to $2.75, the quantity demanded decreased from 375 units sold to 250 units sol

Ghella [55]

Answer:

Inelastic

Explanation:

When the price of hamburgers increased from $1.50 to $2.75, the quantity demanded decreased from 375 units sold to 250 units sold. Using the midpoint method, hamburgers are said to be inelastic

1. Change in price = 2.75-1.5 / (1.5+2.75)/2 = 1.25/2.125 = 0.59

2. Change in quantity demanded = 375-250 / (375+250)/2 = 125/ 312.5 = 0.4

3. Price Elasticity = 0.4/0.59 = 0.68

4. When the value of elasticity is less than 1, it suggests that the demand is insensitive to price and is inelastic

7 0

3 years ago

Fresh fish is not an effective form of money. What essential characteristic of money does fresh fish lack that most makes it ine

Misha Larkins [42]

Answer:

Medium of exchange

Explanation:

Fresh fish is not an effective form of money. Fresh fish lacks medium of exchange, which makes it ineffective.

4 0

3 years ago

A stock's dividend is expected to grow at a constant rate of 5% a year, which of the following statements is CORRECT? The stock

Llana [10]

Answer:

a. The stock's price one year from now is expected to be 5% above the current price.

Explanation:

Under gordon model:

$\frac{divends}{return-growth} = Intrinsic \: Value$

If we calculate the value of the stock for the year after that:

$\frac{divends x (1 + growth)}{return-growth} = Intrinsic \: Value$

to calculate the value of the increase we divide next year over current year.

$\frac{divends(1+growth)}{return-growth} \div \frac{divends}{return-growth}\\\\\frac{divends(1+growth)}{return-growth} \times\frac{return-growth}{divends}\\\\\frac{divends(1+growth)}{divends}= 1+ growth$

We have demostrate that next year stock should increase by 1 + growth so statement c is correct.

7 0

2 years ago

An incomplete cost of goods manufactured schedule is presented below. Complete the cost of goods manufactured schedule for Vaugh

polet [3.4K]

Answer:

Beginning Raw material Inventory = Direct materials used - Raw Materials purchases + Ending raw materials inventory

= 188,420 - 159,120 + 22,610

= $‭51,910‬

Total cost of work in process = Cost of goods manufactured + Work in process (12/31)

= 544,240 + 83,230

= $627,470

Total Manufacturing costs = Total cost of work in process - Work in process (1/1)

= 627,470 - 220,940

= $406,530

Direct labor = Total Manufacturing costs - Total overhead - Direct materials used

= 406,530 - 139,320 - 188,420

= $78,790

3 0

3 years ago

You want to invest $37,000 today to accumulate $41,650 to buy a car. If you can invest at an interest rate of 3% compounded annu

Gnom [1K]

Answer:

4 years

Explanation:

It takes 4 years to accumulate the required amount.

5 0

3 years ago