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Naya [18.7K]
2 years ago
15

The incentive to improve material well-being by seeking to gain from economic activities is called

Business
1 answer:
Brums [2.3K]2 years ago
8 0

Answer:

Profit Motive

Explanation:

Profit is the monetary gain or commercial reward for engaging in business. Profits increase the wealth of the entrepreneur.

The primary reason why Businesses are established is to generate profits for the owners.  Entrepreneurs commit their resources, time, and efforts to avail goods and services to society expecting to make profits. The desire to increase wealth through profits is what drives people to start a business.

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Jaime needs milk from the grocery store. The milk is on sale for $1.50, significantly less than its customary price. Jaime also
creativ13 [48]

Answer: Loss leader pricing

Explanation:

Loss leader pricing is a pricing strategy that involves fixing the price of a product well below its cost or market price to attract a new set of customers. In most cases, the "loss" in such products is shifted to another product to cushion its effect. The grocery store is selling milk at $1.50 lower than its market cost by employing loss leader pricing strategy to its business model.

7 0
3 years ago
Read 2 more answers
New Business Ventures, Inc., has an outstanding perpetual bond with a coupon rate of 11 percent that can be called in one year.
Virty [35]

Answer:

961.88

Explanation:

First, examine whether the bond will be called if interest rate falls to 9%. The call price is

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8 0
3 years ago
____ refers to how the organization meets goals and deals with outsiders
Paraphin [41]
External adaptation, hope that helps!
8 0
3 years ago
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Today's demand curve for gasoline could shift in response to a change in
Rom4ik [11]
Oil prices?? tariffs?
4 0
3 years ago
Henry Company traded in an old delivery truck for a new one. The old truck had a cost of $78,000 and accumulated depreciation of
babymother [125]

Answer:

The new truck will enter the account with the invoice value.

new truck 122,000

ac dep old truck 44,000

loss on trade 22,000

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Explanation:

Old truck 78,000

acc depreciation 44,000

net-book value 34,000

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loss on trade 22,000

The new truck will enter the account with the invoice value.

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