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3 years ago

Define the concept entrepreneur

2 answers:

8 0

An entrepreneur is a person who manages and organizes a business. They also assume the risk of the business or enterprise.

vlada-n [284]3 years ago

7 0

Answer:

An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards. Entrepreneurs who prove to be successful in taking on the risks of a startup are rewarded with profits, fame, and continued growth opportunities.

Explanation:

This should help you.

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This a type of unemployment that always exists and are relatively stable over time, including seasonal, structural, and friction

Darya [45]

Answer: Natural unemployment

Explanation:

Natural unemployment always exists even in a healthy economy this is because the people keep changing their jobs and they even leave the current job in search of the new ones. Natural unemployment also includes other types of unemployment such as seasonal, structural and frictional unemployment types.

Also some people might possess skills that are not necessary in the labor market. The natural unemployment is still in the economy even when there is technological advancement, industry expansion. New labor forces enter into market every year and people search jobs for better opportunities.

6 0

3 years ago

Read 2 more answers

Builder and Owner agree that Builder will erect a fence for Owner for $1,500. Builder claims that the fence is taking longer tha

artcher [175]

Answer:

Owner owes Builder : B. $2,000.

Explanation:

A Liability is the present obligation of the entity, that arises as a result of past events, the settlement of which is expected to result in a cash outflow from the entity.

Initially, the Owners owes the Builder $,1500

For the fence to be completed on time, an addition of $500 was owed, upon the owner accepting this arrangement.

Thus, the total obligation owing to the Builder is $2,000.

3 0

3 years ago

Cups of coffee and donuts are complementary. Both have inelastic demand. A hurricane destroys half of the coffee bean crop. Use

Nadya [2.5K]

Explanation:

a.what happens to the price of coffee beans?

In this case, when there is a phenomenon like a hurricane that destroys half the harvest, the supply of coffee beans consequently decreases, the quantity decreases and the price increases.

b. What happens to the price of a cup of coffee? What happens to the total expenditure on cups of coffee?

When the price of the main input for the production of coffee cups increases and the supply decreases, it appears as an increase in the price of a cup of coffee and a decrease in the amount of coffee cups available on the market.

As they have an inelastic demand, coffee cups with a higher price correspond to an increase in total coffee expenses.

c.What happens to the price of a cup of donuts? What happens to the total expendiure on donuts?

In this case, donuts and coffee are complementary, so when there is an increase in the price of coffee and a decrease in the quantity demanded, there is also a decrease in the demand for donuts. So if the demand for donuts decreases, their price also decreases and the total expenditure on donuts decreases.

8 0

3 years ago

The Shoe Exchange issues 3,000 shares of its $1 par value common stock to provide funds for further expansion. The issue price i

Nezavi [6.7K]

Answer:

Debit Cash account $57,000

Credit Shares capital $3,000

Credit Share premium $54,000

Being entries to record cash received from the issuance of shares

Explanation:

Par value per share = $1

Issue price per share = $19

Premium per share from issue = $19 - $1

= $18

Number of issued shares = 3000

Share capital balance from issue = 3000 × $1

= $3000

Premium balance = 3000 × $18

= $54,000

Cash received from Issue = 3000 × $19

= $57,000

Entries to be posted

Debit Cash account $57,000

Credit Shares capital $3,000

Credit Share premium $54,000

Being entries to record cash received from the issuance of shares.

4 0

3 years ago

The consumer price index tries to gauge how much incomes must rise to maintain

polet [3.4K]

Answer: a constant standard of living

Explanation:

6 0

3 years ago

Define the concept entrepreneur​

Define the concept entrepreneur