Answer:
The correct word for the blank space is: personal resources.
Explanation:
When a business is funded with personal resources money is collected from savings or out of the sale of belongings that somehow are not considered useful for the entrepreneur. Money is collected from family and friends sometimes. The main objective is to avoid having other investors or financial institutions interfere in the business operations.
Answer:
<h2>The answers in this would be option D. or both a and b. for the first question and option E. for the second question or all of the above.</h2>
Explanation:
- In Economics, economic efficiency in any market can be characterized by the most efficient market outcome that is possible given various circumstances.
- It implies the maximum social and economic welfare that a any market for any good or service can generate, indicated by the maximization of both consumer and producer surplus.This essentially means that both the consumers and sellers or producers in the market are equally well off and the overall market welfare is maximized.
- Market efficiency is also represented by the equalization of the marginal benefit or the additional benefit or utility obtained by the consumers or buyers from consuming one more or an additional unit of any particular good or service and marginal cost, which implies the cost of producing one more or an additional unit of that particular product or service.
- The economists usually define economic efficiency as a tool or parameter to understand and explain the negative economic consequences of any undesirable market outcome such as external government interventions in markets in the form of various market taxes and price manipulation techniques such as price ceilings or price floors. These are some of the forced external market intervention that disturb or dismantle the natural equilibrium of the market outcome which ensures the maximum social and economic welfare of all the concerned market identities,mainly consumers or buyers and sellers and producers.
Answer:
A
Explanation:
Employee rewards vary little from person to person and are not much based on individual performance differences.
<u>Answer:</u>Those assets that can’t be touched or seen but that have value are called intangible assets.
<u>Explanation:</u>
Intangible assets are the assets which do not have a physical existence to touch or see. Some of the examples of intangible assets are Goodwill, intellectual property, copyrights, patents etc. These assets are in contrast to physical assets which can be moved , touched or seen examples are land, machinery, building cash etc.
Intangible assets are also considered as the long term assets. Though these assets do not have physical existence they have a value. They also help to improve the value of other assets.
Answer and Explanation:
The rightward shfit in the curve is based on the assumption that the pay raise will be incorporated into the price of the ticket. As the price of the ticket increases, the demand will decrease and shift the demand curve to the right.