BUSINESS HIGH SCHOOL

What does Andrew Mohebbi name as being the best thing about being an entrepreneur? (Site 1)

Answers

Answer 1
Answer: Having very flexible hours and being able to travel.  This was due to his business only required a computer and internet access so he was able to work from anywhere as long as he had these things.  Also the freedom to go from idea to reality quickly.
Answer 2
Answer:

The answer is:

- Having very flexible working hours

Being an entrepreneur means that you are the boss. This mean that you can set a flexible working hours that work for your personal life. You can arrange time meeting with your loved ones while not compromising your works

- The ability to use your creativity and turn an idea into something that generate money.

This make you able to make money from something that you are passionate about. This would make you less bored when working and make it easy for you to give an extra effort for you job.

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Suppose taxpayers are given a one-time only rebate on previous taxes paid. If consumers spend all of their tax rebate checks, what takes place in the economy? A.Aggregate demand shifts to the right. B.The LRAS curve shifts left. C.Aggregate demand shifts to the left. D.Inflation decreases.

HELP PLEASE DUE IN MINUTES MARKING BRAINLEIST

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Keystone Foods, which invented the individual quick freeze process for beef, provides McDonald's with millions of pounds of chicken, beef, and fish annually for use in its restaurants. The firm sources the animal proteins from farms and processes them in a variety of ways, such as breading or freezing, before selling them to McDonald's. Keystone is operating in __________ market.

Answers

Answer:

industrial

Explanation:

Generally companies can focus on producing goods and services for final consumers (B2C market), for other businesses (B2B market) or for the different government levels (public contracts).

In this case, Keystone Foods focuses on business-to-business (B2B) markets since it provides intermediate goods to other companies that later processes them into final goods that are purchased by final consumers.

New ventures:a) should be killed if they don't make a profit within three years.
b) are often preferred by technology-based companies.
c) are more attractive compared to acquisitions when entry barriers are high.
d) are less risky than acquisitions.
e) are best when the company is entering the industry on a small scale.

Answers

New ventures b) are often preferred by technology based companies.

Explanation:

  • New Ventures is a global program that provides services for the development of small and medium enterprises (SMEs) whose main goal is to generate a positive environmental or social change within their own communities.
  • New venture growth is one of the foundational topics in entrepreneurship research.
  • Venture Concept brings together experienced and qualified resources in order to extend those of the enterprises. T
  • hey help implement change management and reduce risks.
  • Venture Concepts consultants have launched new companies and can assist start-ups or strategic joint-ventures.
  • A business enterprise or speculation in which something is risked in the hope of profit; a commercial or other speculation: Their newest venture allows you to order their products online. the money, ship, cargo, merchandise, or the like, on which risk is taken in a business enterprise or speculation.

on january 1, 2016, the holloran corporation purchased a machine at a cost of $55,000. the machine was expected to have a service life of 10 years and a $5,000 residual value. the straight-line depreciation method was used. in 2018 the estimate of residual value was revised from $5,000 to zero. depreciation for 2018 should be:

Answers

The depreciation for 2018 should be $5,625. The correct answer is $5,625.

Let's go through the process of calculating the depreciation for 2018 using the straight-line depreciation method and the updated residual value.

1. Initial cost of the machine: $55,000
2. Original residual value: $5,000
3. Service life: 10 years
4. Original annual depreciation: ($55,000 - $5,000) / 10 = $5,000

Now, let's consider the revision of the residual value in 2018:

5. Revised residual value: $0
6. Remaining service life in 2018: 10 years - 2 years (2016 and 2017) = 8 years

First, we need to calculate the book value of the machine at the end of 2017:

7. Book value at the end of 2017: Initial cost - (Original annual depreciation × 2 years) = $55,000 - ($5,000 × 2) = $45,000

Now, we can calculate the revised annual depreciation for the remaining service life:

8. Revised annual depreciation: (Book value at the end of 2017 - Revised residual value) / Remaining service life = ($45,000 - $0) / 8 years = $5,625

The correct answer is $5,625.

The complete question is:

on january 1, 2016, the holloran corporation purchased a machine at a cost of $55,000. the machine was expected to have a service life of 10 years and a $5,000 residual value. the straight-line depreciation method was used. in 2018 the estimate of residual value was revised from $5,000 to zero. depreciation for 2018 should be:

Multiple Choice

$4,500

$5,500

$5,625

$5,000

For more about depreciation:

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After the price of smartphone apps falls, Justin buys fewer flash drives but he buys a new smartphone. For Justin 1. smartphone apps and flash drives are substitutes, and smartphone apps and smartphones are complements. 2. smartphone apps, flash drives, and smartphones are not all complements. 3. smartphone apps, flash drives, and smartphones are all complements. 4. smartphone apps and flash drives are complements, and smartphone apps and smartphones are substitutes.

Answers

Answer:

1. smartphone apps and flash drives are substitutes, and smartphone apps and smartphones are complements

Explanation:

Complements are goods that are consumed together. If the price of one of the goods increases, the demand for the other good increases. This indicates that smartphone and smartphone apps are complements.

Substitutes are goods that can be used in place of each other. If the price of one good falls, the consumer demands more of that good and less of the subsituite goods. This shows that smartphone apps and flash drives are substitutes.

I hope my answer helps you

Final answer:

The question discusses the concepts of substitutes and complements. When the price of smartphone apps falls, Justin buys fewer of its substitute (flash drives) and more of its complement (a smartphone).

Explanation:

The question refers to two economic concepts: substitutes and complements. Substitutes are goods or services that can be used in place of each other. If the price of one good falls, people tend to consume less of its substitute and instead consume more of the cheaper good. This is called the substitution effect. For instance, if the price of smartphone apps declines, Justin buys fewer flash drives (since these are now relatively more expensive) and more apps.

Meanwhile, complements are goods that are typically consumed together. If the price of one good drops, the demand for its complement tends to increase. So in Justin's case, because the price of apps fell, he also bought a new smartphone to go along with the apps. Here, smartphone apps and smartphones are complements.

Therefore, for Justin, smartphone apps and flash drives are substitutes, while smartphone apps and smartphones are complements.

Learn more about Substitutes and Complements here:

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Which of the following is an example of money as a unit of account?a. purchasing a remote-controlled toy on sale for $8.99
b. lending your best friend $25.00 to buy a guitar
c. opening a savings account at a bank that pays high interest
d. comparing camera prices at different store before buying one

Answers

The answer is lending your bestfriend 25 dollars to buy a guitar.
Unit of costs is the amount incurred by a particular company to be able to produce, store and sell the number of the same products. In the given example. 25 dollars is the cost of the guitar or the unit of costs.
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In the case of Hammer v. Breidenbach, 31 Mo. 49 (1860), Mr. Breidenbach was hired to brew beer in a cave for his employer, at a salary of $1,000 per year. The contract between the Bavarian Brewery (which would later become Anheuser-Busch) and Mr. Breidenbach specified that any violation of the agreement would result in the breaching party paying the sum of $500 to the injured party. Because the cave was dangerous, Mr. Breidenbach refused to enter it to make the beer, and his employer demanded the $500. An appellate court later determined that Mr. Breidenbach should not be required to enter the cave and endanger himself, and he was not required to pay the $500 "penalty." In which of the following modern cases could this case act as an appropriate precedent?A. A case where an employee was terminated for not attending work in a "sick" mold-infested building. B. A case where a caterer refuses to enter a condemned building to provide food to a Halloween party. C. A case where a liquidated (pre-determined) damages payment in a contract was excessively disproportionate to the injury. D. A case where an employer was sued for forcing employees to work in unsafe conditions.