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Nikolay [14]
3 years ago
6

Factors that must be considered before starting up a business ?

Business
2 answers:
Leni [432]3 years ago
6 0

Answer:

<h2>They are</h2>

A Business idea

Knowledge of the business

Start up cost

Capital

Demand

<em>Location</em><em> </em>

miv72 [106K]3 years ago
4 0

Answer:

factors that must be considered before starting business are:

Explanation:

1)capital

2)raw materials

3) enough knowledge about things

4)market

5)skilled manpower

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The market for chewing gum is in equilibrium with a current price of 50 cents per pack and a quantity of 100,000 packs per day.
frez [133]

Answer:

A) an increase in the price of other kinds of candy

Explanation:

If the price of substitute products (other types of candy) increases, then the suppliers of chewing gum can increase their price without the quantity demanded decreasing. If the decrease in the price of chewing gum is smaller than the increase in the price of substitute products, the quantity demanded will increase.

If there was a price increase of the main ingredients used to produce chewing gum, then the supply curve would shift to the left (option B is wrong).

If the workers signed an agreement that lowered their wages, then the supply curve would shift to the right (option C is wrong).

A decrease in the number of young people in the market would decrease the quantity demanded for chewing gum, which in turn would decrease the equilibrium price (option D is wrong).

A decrease in income would also decrease the quantity demanded, which would in turn decrease the equilibrium price (option E is wrong).

5 0
3 years ago
A cost that remains fixed over limited ranges of volumes but changes by a lump sum when volume changes occur outside these limit
Reil [10]

Answer:

Variable cost

Explanation:

because sometimes companies set fixed price to other product

6 0
3 years ago
Ronald suffers from dementia that impacts his brain function, but he also has healthy periods of time when his mind is fully fun
vova2212 [387]

Answer:

2. False

Explanation:

Capacity to a contract refers to whether the person to a contract is legally competent to enter into such a contract.

For instance, lunatics, drunkards, minors, criminals and person of unsound mind are deemed incapable of entering into a contract.

A person diagnosed with dementia, which impairs his decision making would normally be regarded as incapable to signing a contract.

But, capacity is ascertained as per the situation i.e at the time the contract is signed or entered into.

In the given case, Ronald entered a contract while he was sane and in healthy state of mind. His judgement at the time of entering such a contract wasn't impaired by dementia.

Thus, the contract will be legally enforceable as per the law.

6 0
3 years ago
A business buyer purchases toner, paper, and staples from a seller of office supplies. What form does the seller need to use to
solniwko [45]

I'm pretty sure it is b because invoice is a record that keeps track of orders and cost

7 0
3 years ago
Irolt, a company that supplies fast-moving consumer durables, recruits only graduates from top business schools as management tr
e-lub [12.9K]

Answer:

<u>A creative work environment.</u>

Explanation:

A creative work environment is often found in companies with a decentralized organizational structure. This type of structure is more flexible than in a centralized structure, has a lower degree of hierarchy and greater participation of employees in decision-making processes.

A company that has a creative work environment, ensures that its employees have more freedom to solve their own problems and contribute with innovative ideas and suggestions, which ensures a greater sense of employee participation, increases motivation and work valorization .

7 0
3 years ago
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