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3 years ago

Which of the following serves as an incentive for entrepreneurs in a market economy?

Business

1 answer:

hram777 [196]3 years ago

7 0

Answer:

<em>Entrepreneurs are people who take the risks of organizing productive resources to make goods and services. Profit is an important incentive that leads entrepreneurs to accept the risks of business failure.</em>

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1. Do you think the day will come when people no longer use cash? Why, or why not?

RSB [31]

I think now I’m present day that money is now being transferred online and email services I think cash for no longer be used in the future because the rise of technology and how everyone is now getting so used to it and depending on tech

It would be positive it would be more clear to people and for the younger generation to learn about but for the older generation it would be much harder and would be a negative affect on them since they didn’t use technology in their days and a lot of people are still used to cash

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2 years ago

Okay this is starting to get annoying. I ask an actual question and I just have bots reply with a link to a virus download and t

Yuri [45]

It’s definitely is a huge problem. I would suggest just ignoring them and reporting them.

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3 years ago

Read 2 more answers

Benjamin Company had the following results of operations for the past year:Sales (16,000 units at $10.25) $164,000Direct materia

Mamont248 [21]

Answer:

Profit will increase by 5,975

Explanation:

From past year we can see that total variable cost will be:

Direct Material+Direct Labor+Variable Over head.

Total Variable Cost =100,000+20% of 20,000

Total Variable costs = 100,000+4000= 104,000

Per Unit Variable cost = Total Variable cost/Total Unit Produced

Per Unit Variable Cost = 104,000/16,000 = 6.5

If Benjamin accepts the offer results will be:

Sale (4,500*8.05) 36,225

Variable Cost (4,500*6.5) (29,250)

Incremental Fixed cost (650)

Incremental admin

and selling cost (350)

Operating Income 5,975

7 0

3 years ago

Read 2 more answers

A man uses a loan program for small businesses to obtain a loan to help expand his vending machine business. The man borrows $2

seraphim [82]

Answer:

The ammount due at the end of the loan adds for $27,456

Explanation:

If the payment is in full at maturity, the man must pay the principal of 26,000 plus the interest during the period of 4 years.

It is important to notice that the loan is done at simple interest, so the interest does not capitalize.

$Ammount$-due = 26,000 * (1 + 0.014 * 4) = 27,456$

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3 years ago

Jordan, Inc., holds 75 percent of the outstanding stock of Paxson Corporation. Paxson currently owes Jordan $400,000 for invento

Marat540 [252]

Answer:

Because this is an inter-entity balance then the amount that should be eliminated of this debt is the letter D. all the $400,000.

Explanation:

Inter entity balance facilitates the management of allocations and transfers between entities. They provide a better control over transactions spanning multiple entities, other benefit is that the accuracy of the financial data improves and finally and this is why the anser is option D. is that it keeps each entity in balance

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3 years ago