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2 years ago

An entrepreneur is usually a positive thinker and a decision-maker. Explain. hellpppppp

Business

1 answer:

svp [43]2 years ago

4 0

Answer:

Entrepreneurship is the ability to create and build something from practically nothing. It is initiating, doing, achieving, risk – taking and building an enterprise. organizations, particularly new businesses generally in response to identified opportunities.

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Suppose for every dollar change in household wealth, consumption expenditures change by $0.05. If real household wealth declin

Crazy boy [7]

Answer:

B. Minus 2.63%

Explanation:

Increase in consumption = Change in consumption × Household wealth

= $0.05 × $45billion

= $2.25billion

Total output = Potential GDP ÷ Multiplier effect

= $120 billion ÷ 1.4

= $85.71

Total change in output = Increase in consumption ÷ Total output

= $2.25 ÷ $85.71

= $0.0263 or 2.63%

8 0

2 years ago

A permanent flood control dam is expected to have an initial cost of $2.8 million and an annual upkeep cost of $20,000. In addit

Lerok [7]

Answer:

0.81

Explanation:

Present Value of annual Maintenance cost = $20,000 / 6% = $333,333.33

In five year time, $200,000 is required as major maintenance cost. So effective rate for 5 year = [(1 + 6%) ^ 5] - 1 = 1.3382 - 1 = 0.3382 = 33.82%. Present Value of 5 year cost = $200,000 / 33.82% = $200,000 / 0.3382 = $591,366.06

Total Present Value cost = $2,800,000 + $333,333.33 + $591,366.06 = $3,724,699.39.

Annual Cost = $3,724,699.39 * 6% = $223,481.96.

Benefit / Cost = $180,000 / $223,481.96

Benefit / Cost = 0.805434138845032

Benefit / Cost = 0.81

So, conventional B/C ratio is 0.81.

4 0

2 years ago

If a production function is graphed with Real GDP on the vertical axis and labor on the horizontal axis, and the technology coef

Vitek1552 [10]

Answer:

Production function would shift downward to a lower level of real GDP.

Explanation:

given data

technology coefficient rises = 0.40 to 0.50

solution

as here technological coefficient is the amount of input required for 1 unit of output

so that when it increase from 0.4 to 0.5

so that it implies that amount of input required for 1 unit of output has increase by 0.1

so here more labor is required for producing same level of real GDP

so that production function would shift downward to a lower level of real GDP.

8 0

2 years ago

Alexa, a manager, has several years of experience in engineering technologies, and holds many professional licenses. new enginee

Andreas93 [3]

The answer to the question of what kind of power Alexa needs is the expert's power. She has been a manager for a long time, and many experiences have come her way, so if the new engineers in the firm frequently look to her for instruction and advice, she must be confident and expert.

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2 years ago

Given opening debtors of Ksh

ycow [4]

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2 years ago

An entrepreneur is usually a positive thinker and a decision-maker. Explain. hellpppppp​

An entrepreneur is usually a positive thinker and a decision-maker. Explain. hellpppppp