What is a entrepreeneur?

Answers

Answer 1

Answer: a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.

Related Questions

A monopoly is a market for a good or service that
Which of the following is a characteristic of a monopoly?a. no barriers to entry c. it is always government owned b. a single buyer d. a single seller
corporations raise capital by multiple select question. repurchasing treasury stock. issuing stock. issuing debt. operating at a profit.
Nick’s Burritos purchases its inventory, on account, daily. At December 31, 2016, the company had taken receipt of $160,000 of inventory from its suppliers which had not been recorded in the accounts. If Nick’s Burritos makes the appropriate adjusting entry, how much will be reported on the December 31, 2016, balance sheet as accounts payable?
Strong corporations that expand to the extent that they greatly reduce competition are called:partnerships big 4 monopolies stock companies

Explain why public goods need to be state provided and why they are under provided in the free market

Answers

Public goods are typically provided by the state because they possess two key characteristics: non-excludability and non-rivalry. Non-excludability means that once the good is provided, it is difficult to exclude anyone from benefiting from it. Non-rivalry means that one person's use of the good does not diminish its availability for others.

Public goods are underprovided in the free market due to the free-rider problem. This occurs when individuals can benefit from the public good without contributing to its provision. Since people have no incentive to pay for something they can enjoy for free, private businesses may not have the motivation to produce public goods.

Therefore, state provision of public goods is necessary to ensure their provision and availability to everyone in society. Governments can use taxation and public funding to finance the production and maintenance of public goods, ensuring that they are accessible to all members of society.

The cost of 6 chocolate bars is $9. What is the unit price?

Answers

Answer:

$1.5

Explanation:

9 divided by 6 is 1.5

__________ unemployment refers to loss of jobs due to a recession or a similar downturn in the economy.

Answers

Answer:

Cyclical unemployment is the loss of jobs due to a recession or downturn in an economy.

Explanation:

Cyclical unemployment is a type of unemployment. It is also known as Keynesian or deficient-demand unemployment. This type of unemployment occurs when the overall demand in an economy is not enough to provide jobs to the people who want to work. Cyclical unemployment is observed during the periods of slow economic growth or recession.

Minimizing the risk is the most important principle in the television business. True, or False?

Answers

Minimizing the risk is the most important principle in the television business. So True.

Jeff got hit in the head with a baseball and went for the emergency room for treatment. He was then taken by ambulance to another hospital with a small brain bleed which required a 6 day hospital stay and 5 CAT scans. His insurance required a $150 ER copay, $100 ambulance copay and a $200 hospital copay. The ER bill was $1,347 and the ambulance $1,173 and the hospital stay was $32,982. How much did Jeff’s parents save by having medical insurance? Make sure you show your calculations!

Answers

Answer:

$35,102 saved, 98.87% saved

Explanation:

The parents paid:

$150 ER

$100 ambulance

$200 hospital

_____

$400 total

The bills were:

$1347 ER

$1173 ambulance

$32982 hosp stay

____________

$35,502 total

They saved $35,502 - $400 = $35,102

Savings of $35,102/35,502 = 0.98873 = approx 98.87%

Establishing a JIC as part of incident response offers the following benefits: A central working facility Pooled resources Strength in numbers Safety _____ (Select another benefit from below.)

Answers

And recognized source of information

JIC ( Joint information Center) is a central location that is used to cordinate critical emergency information, crisis communications and public affairs function. Establishing JIC in your incident report will make it more recognized and trustworthy

Other Questions

When a business grows through unrelated diversification, acquiring companies in different industries, it is called __________. a. a conglomeration. b. a strategy. c. the planning process. d. a competitive advantage.

Wall Welding Co. offers warranties on all products sold. Over the last several years, Wall’s warranty claims have approximated 3% of total sales. Wall’s currently has an Estimated Warranty Payable balance of $4,000, and sales for the year totaled $350,000. What is the amount of warranty expense recorded by Wall at year-end?

Which of the following documents would you use to create your cash flow statement?a. bank account statementb. all of the abovec. paycheckd. ATM receipts

Which is an example of an economic factor that affects the business environment