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3 years ago

Before buying an existing business, you need to identify if the business’s problems can be fixed? true or false

Business

2 answers:

Sophie [7]3 years ago

7 0

Before buying an existing business, you need to identify if the business’s problems can be fixed. True.

Before buying an existing business or starting a business in general, there needs to be identification of problems that may arise. When looking into purchasing an existing business, going over how the business has done thus far and any problems it has occured and then overcome, is important. There are issues that can always happen but being as prepared as possible, is crucial.

Alex73 [517]3 years ago

6 0

True, you need to know the risk of buying an established business.

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sole proprietorship

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A sole proprietorship is a type of business that is owned by one person

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3 years ago

Imagine a linear demand curve graphed with Quantity on the x-axis and Price on the y-axis. We know the middle of the curve is th

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Explanation:

Demand Curve is a downward sloping curve representing inverse relationship between price & quantity demanded.

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Demand curve segment below the point / Demand curve segment above the point.

This way the elasticity keeps on decreasing as we move downwards on the demand curve [Ed=∞ to Ed >1 to Ed = 1 to Ed < 1 to Ed = 0] i.e [from perfectly elastic to elastic to unitary elastic to inelastic to perfectly inelastic demand].

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3 years ago

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