A person taking a course in web design is affecting the factor of production.
Read the following explanation to gain a better understanding of how the concept of human capital applies to web design: Human capital is an essential factor of production in economics, which refers to the knowledge, skills, and abilities that people possess. It enables them to create value and produce goods and services that benefit society. A person taking a course in web design is contributing to the human capital factor of production by acquiring knowledge, skills, and abilities related to web design.
The web design courses teach students to design websites that are user-friendly, visually appealing, and compatible with different devices. It equips them with skills in programming languages like HTML, CSS, and JavaScript, which are required to build websites. Students taking the course will learn how to create images, graphics, and multimedia content that enhances the website's functionality.
Hence, web design courses prepare students with the human capital factor of production that enables them to use their knowledge, skills, and abilities to create value and contribute to the economy.
Therefore, a person taking a course in web design is affecting the human capital factor of production.
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Sid Maxwell is the head of legal affairs at Hudson Inc., an American toy manufacturer. A. Hudson's signature toy, the Witty Parakeet, includes an embedded software program that allows the bird to interact with children. B. Hudson is currently planning to expand its market in Asia but Sid is concerned about reports of software piracy in the region.
Answer:
trade secret
Explanation:
THIS IS THE COMPLETE QUESTION BELOW
Sid Maxwell is the head of legal affairs at Hudson Inc., an American toy manufacturer. Hudson's signature toy, the Witty Parakeet, includes an embedded software program that allows the bird to interact with children. Hudson is currently planning to expand its market in Asia but Sid is concerned about reports of software piracy in the region.
The software program embedded in Hudson's signature toy, the Witty Parakeet, is an example of a(n) ________.
Trade secret can be regarded as one of the intellectual property which is a process/ practice such as design, patterns or instrument that is generally not revealed outside the company. It gives a company an edge over her compititors
echo farm supply’s stock price is currently trading at $35 per share. the consensus among market analysts is that the stock should trade for $30 per share, given the amount, timing, and riskiness of the company’s dividends. is echo farm supply more or less likely to receive a hostile takeover bid?
The overvaluation of Echo Farm Supply's stock makes it less likely to attract a hostile takeover bid, as the higher trading price indicates the market believes it is worth more than the consensus value. However, other factors may also come into play.
Given that the consensus among market analysts is that Echo Farm Supply's stock should trade for $30 per share, and the current trading price is $35 per share, it suggests that the stock is currently overvalued. In general, an overvalued stock is less likely to attract a hostile takeover bid.
Hostile takeovers usually occur when a company's stock is undervalued, as the acquirer sees an opportunity to purchase the company at a lower price than its actual worth. In this case, the higher trading price indicates that the market believes the stock is worth more than the consensus value.
However, it's important to note that hostile takeovers can also be driven by factors other than the stock price, such as strategic advantages or potential synergies. While the overvaluation may make a hostile takeover bid less likely, it doesn't completely rule out the possibility. Other factors would also need to be considered.
In conclusion, based on the current overvaluation of Echo Farm Supply's stock, it is less likely to receive a hostile takeover bid.
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"I cannot hear sound from my computer."
1.
2.
3.
Explain what diversification means and how it can help manage risk. (Answer in 3-5
sentences)
Answer:
See below
Explanation:
Diversification involves investing in different and diverse classes of assets. In diversification, the investor opts to spread his capital in several investment options rather than focusing on one investment vehicle.
Diversification is a risk management strategy. Since investments are spread in different classes of assets, the investor does not suffer total losses should the market progress in the unexpected direction one class of investments. Investment tools do not react the same to market events. In the case of uncertainties, some investments will make losses and other profits. This way, the investor's capital will not be wiped out.
The Internal Revenue Service (IRS) provides a toll-free help line for taxpayers to call in and get answers to questions as they prepare their tax returns. In recent years, the IRS has been inundated with taxpayer calls and has redesigned its phone service as well as posting answers to frequently asked questions on its website (The Cincinnati Enquirer, January 7, 2010). According to a report by a taxpayer advocate, callers using the new system can expect to wait on hold for an unreasonably long time of minutes before being able to talk to an IRS employee. Suppose you select a sample of callers after the new phone service has been implemented; the sample results show a mean waiting time of minutes before an IRS employee comes on line. Based upon data from past years, you decide it is reasonable to assume that the standard deviation of waiting times is minutes. Use
There is enough evidence to conclude that the actual mean waiting time turned out to be significantly less than 12 minutes.
The inner sales carrier is the revenue service for the united states federal authorities, that's responsible for amassing U.S. federal taxes and administering the internal revenue Code, the primary frame of the federal statutory tax law.
The IRS's task is to provide the united states' taxpayers with pinnacle-first-class service by means of assisting them to recognize and meet their tax duties and putting in force the regulation with integrity and fairness to all. it's far an enterprise of the department of the Treasury and led by the Commissioner of inner sales, who is appointed to a five-yr term by using the President of the united states.
The responsibilities of the IRS include supplying tax help to taxpayers; pursuing and resolving times of misguided or fraudulent tax filings; and overseeing numerous benefits applications, consisting of the low-priced Care Act.
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3 Is there any way to enjoy some small daily purchases and also make wise, long-term decisions when it
comes to spending and saving? If so, how?
Answer:
The answer is below
Explanation:
To be able to enjoy some small daily purchases and also make wise, long-term decisions when it comes to spending and saving, you will need to take the following steps:
1. Ensure you have a plan: this will describe your short term and long term goals about your finances
2. You can start with an 80%/20% rule. Here, you spend 80% of your income and save 20%. You can increase that later to 70/30%
3. After sometimes, invest 80% of your savings and keep 20%
4. Use credit when only necessary
5. Enjoy yourself sometimes by spending the money for yourself adequately.
6. Keep learning how to maximize your income.
How do the events of the nation affect the national debt?
Answer: Growing debt has a direct effect on economic growth and the opportunities available to every individual in the country. If excessive levels of debt crowd out private or public or mutual investments in capital goods or works, workers would have less to use and get from their jobs, which would translate to lower productivity work and, therefore, lower wages in multiple aspects of the country's work done. High levels of debt would affect many other aspects of the economy in the future. For eq, higher interest rates result from increased borrowing from multiple agencies and invite under the various segments of college education house loan work loan. Less education and work opportunities will need skills up for various degrees and work to be followed under any scheme.
Explanation:
If we fail to act before a stipulated time the long time fiscal challenges will remain unaddressed and unchanged. The economic crisis and the overall economic environment weaken as confidence suffers, the access to capital funds gets reduced, interest costs crowd out key investments in our future, the conditions for growth deteriorate, and our nation is put at greater risk of economic crisis. If our long-term fiscal imbalance is not addressed, our future economy will be minimized, with fewer economic opportunities for families and workers down there in their own country.A conventional peg refers to. Multiple Choice where the exchange rate remains within a narrow margin of 2 percent relative to a statistically identified trend for six months or more, and the exchange rate arrangement cannot be considered as floating. where the exchange rate is largely market determined without an ascertainable or predictable path for the rate. involves the confirmation of the country authorities’ de jure exchange rate arrangement. when a country formally pegs its currency at a fixed rate to another currency or basket of currencies where the basket reflects the geographic distribution of trade, services, or capital flows.
A conventional peg refers to when a country formally pegs its currency at a fixed rate to another currency or basket of currencies where the basket reflects the geographic distribution of trade, services, or capital flows.
for better understanding lets explain what conventional peg means
conventional peg as related to when country formally (de jure) pinpoint their own currency at a fixed rate to the currency of another said country example is, from the currencies of major trading or financial partners and weights showing on the distribution of trade in different geographical zones The known backbone or anchor currency or basket weights are public or notified to the IMF and a country authorities are able to maintain the fixed parity through direct interventionFrom the above, we can therefore say that the answer A conventional peg refers to when a country formally pegs its currency at a fixed rate to another currency or basket of currencies where the basket reflects the geographic distribution of trade, services, or capital flows is correct.
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157. How should a System Administrator configure a report for each sales rep to see their own Open Opportunities
Complete Question:
How should a System Administrator configure a report for each sales rep to see their own Open Opportunities?
Group of answer choices.
A. Create a report filtered by "My Opportunities".
B. Create a Summary report grouped by Sales Rep.
C. Create a report schedule for each Sales Rep.
D. Create a separate report for each Sales Rep.
Answer:
B. Create a Summary report grouped by Sales Rep.
Explanation:
Database management system (DBMS) can be defined as a collection of software applications that typically enables computer users to create, store, modify, retrieve and manage data or informations in a database. Generally, it allows computer users to efficiently retrieve and manage their data with an appropriate level of security.
To configure a report for each sales rep to see their own Open Opportunities, a system administrator should create a Summary report grouped by Sales Rep.
This ultimately implies that, the system administrator should use a Summary report that are grouped or categorized by identifiers such as the function (parameter), "Sales Rep" in order to allow each sales representative to see their Open Opportunities respectively.
Tonya is considering leaving work early to go to a baseball game. A ticket costs $30, and it costs $5 to park at the stadium. Tonya will miss 3 hours of work, where she is paid $20 an hour. What is Tonya's total explicit cost of going to the game?
Answer:
$95
Explanation:
UwU
If u receive the funds for a takeaway what are your plans for the next 12 months.
Answer:
Pay it all off and save up money
Explanation:
Answer:
i would donate some of the money to a charity
Explanation:
e) If the A and N partnership business continues recommend whether a private limited company is suitable form of legal structure for this business justify your answer by considering the advantage and disadvantages of a private limited company
Answer:
A private limited company is an appropriate legal structure for the A and N partnership business to continue.
Advantages of a private limited company:
⢠Limited liability: As a private limited company, the liability of the business would be limited to the amount of money invested in it by the shareholders. This means that the shareholders would not be personally liable for any debts in case of bankruptcy.
⢠Increased credibility: Private limited companies are seen as more credible than sole traders or partnerships, which can help when it comes to attracting customers and investors.
⢠Access to finance: Private limited companies have better access to finance, such as through bank loans, venture capital and other forms of external finance.
⢠Separate legal entity: A private limited company has a separate legal identity from its shareholders and directors, meaning that the company can enter into contracts, buy and sell assets and otherwise conduct business in its own name.
Disadvantages of a private limited company:
⢠Cost: Setting up a private limited company can be more expensive than forming a partnership or a sole trader. Fees may include company formation costs, legal fees, accounting costs and other professional fees.
⢠Complexity: Running a private limited company involves more paperwork and regulatory compliance than a sole trader or partnership. This can be time-consuming and costly.
⢠Loss of control: The shareholders of a private limited company have less control over the day-to-day running of the business than a sole trader or partner. This can be a disadvantage for those who want to maintain control over their venture.
In the last paragraph, you need to compare your
country's government with what you know about the US
government.
Write your final paragraph in this space.
The government of my country is vastly different from the US government. In my country, the government is a unitary system, meaning that the power and authority are concentrated in a central government.
What is the comparison of our country's government with what you know about the US government?
Our government is a constitutional monarchy, with Queen Elizabeth II as the Head of State. The government is headed by a Prime Minister who is chosen by the majority party in the House of Commons. The US government is a federal republic, with the President as the Head of State. The government is headed by the President, who is elected by the people in a general election. Both governments have a bicameral legislature, consisting of an upper and lower house. Both countries have a system of checks and balances, where the executive, legislative, and judicial branches are equal. Additionally, both countries have a judicial system to uphold the rule of law. However, the US is a republic and the UK is a monarchy, so there are some differences in terms of how their respective governments are organized.
So, These were the comparison of our country's government with what you know about the US government.
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the major impact of farm subsidies in the rich countries of the world is that they
The major impact of farm subsidies in the rich countries of the world is that they distort global agricultural markets and hinder the competitiveness of farmers in developing countries.
Farm subsidies in rich countries often result in overproduction and lower prices for subsidized agricultural products. This leads to a surplus that is dumped into international markets, driving down global prices and making it difficult for farmers in developing countries to compete. These subsidies create an uneven playing field and can contribute to the decline of agricultural sectors in developing nations. Additionally, farm subsidies can perpetuate inefficiencies within domestic agricultural industries, as farmers may rely on subsidies rather than adapting to market demands and improving their competitiveness. The negative impact of farm subsidies on developing countries has been a topic of concern and debate within international trade negotiations and efforts to promote fair trade practices.
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misappropriation takes place when a person uses someone else's name, likeness, or other identifying characteristic without permission. T/F
The statement is False. Misappropriation refers to the unauthorized use or appropriation of someone else's property, typically their funds, assets, or intellectual property.
Misappropriation refers to the unauthorized use, theft, or misapplication of funds, property, or resources belonging to another individual or entity. It typically involves the improper or illegal diversion of these assets for personal gain or purposes unrelated to their intended use. Misappropriation can occur in various contexts, such as corporate finance, government funds, intellectual property, or entrusted funds.
In the corporate world, misappropriation may involve executives or employees embezzling company funds or manipulating financial records for personal enrichment. In the realm of intellectual property, it can refer to the unauthorized use or theft of trade secrets, copyrighted materials, or patented inventions. Misappropriation is considered a serious offense and is often illegal. It can lead to financial losses, reputational damage, and legal consequences for those involved.
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Question 2 (1 point)
Kelsi works in a toy manufacturing company assembling small dolls. Her job falls into
the Maintenance, Installation & Repair pathway of the Manufacturing career cluster.
1:) True
2:) False
ny Manufacturing produces a single product that sells for $90. Variable costs per unit equal $30. The company expects total fixed costs to be $82,000 for the next month at the projected sales level of 2,900 its. In an attempt to improve performance, management is considering a number of alternative actions. Each situation is to be evaluated separately. Suppose management believes that a $80,000 increase in e monthly advertising expense will result in a considerable increase in sales. Sales must increase by to justify this additional expenditure? (Round the final answer up to nearest whole unit.) A. 1,334 units B. 1,367 units C. 889 units D. 1,360 units
The correct answer is d.1,360 units.sales must increase by 1,360 units to justify the additional advertising expenditure.
to determine the increase in sales required to justify the additional advertising expense, we need to calculate the contribution margin per unit and then divide the increased fixed costs by the contribution margin.
contribution margin per unit = selling price per unit - variable cost per unitcontribution margin per unit = $90 - $30 = $60
increased fixed costs = $80,000
to calculate the required increase in sales, we divide the increased fixed costs by the contribution margin per unit:
required increase in sales = increased fixed costs / contribution margin per unit
required increase in sales = $80,000 / $60required increase in sales = 1,333.33 (approximately)
rounding up to the nearest whole unit, the sales must increase by 1,360 units to justify the additional advertising expenditure.
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XYZ Company plans to sell 11,000 units of its product in January and another 10,000 in February. The beginning balance of finished goods is 1,100 on January 1 and XYZ Company wants an ending balance on January 31 of 1,000 units. How many units of its product should XYZ Company produce during January to meet its goals?
a. 9,900
b. 10,900
c. 11,000
d. 12,000
Answer:
10,900 units
Explanation:
The applicable formula is the formula for calculating the cost of goods sold, COGS.
COGS = The applicable formula is the formula for calculating the cost of goods sold, COGS.
COGS = Beginning inventory + purchases - closing inventory
In this case, COGS will be 11,000 units: Beginning balance 1100 and ending balance of 1000.
11,000 = 1100 + P -1000
11,000 = 1100-1000 +P
11,000 = 100 + P
P= 11,000 -100
P= 10,900
Productions should be 10,900
Help!
Which federal agency oversees how clean and how appropriately a restaurants prepare and store foods?
Answer:
FDA's Center for Food Safety and Applied Nutrition (CFSAN) seeks to ensure that these foods are safe, sanitary, nutritious, wholesome, and honestly and adequately labeled.
Explanation:
Which of the following is one of the basic functions of government
accountants?
A) Government accountants file tax returns for government agencies.
B) Government accountants purchase equipment for Congress.
C) Government accountants keep track of how government agencies use taxpayers money.
D) Government accountants create businesses laws and regulations.
Answer: A) Government accountants file tax returns for the government agencies.
Answer:
D
Explanation:
Gordon Co received a statement from one of its suppliers, Alpha, showing a balance due of $4,280. The amount due according to Gordon's records was only $230. A comparison of the statement and ledger accounts shows the following differences: 1. A check sent by Gordon for $270 has not been allowed for in Alpha's statement. 2. Alpha has not allowed for goods returned by Gordon totaling $180. 3. Gordon made a contra entry, reducing the amount due to Alpha by $3,200, for a balance due from Alpha in Gordon's receivables ledger. No such entry has been made in Alpha's records. What difference remains between the two companies' records after adjusting for these items?
The difference that remains between the two companies' records after adjusting for these items is $270.
The difference that remains between Gordon Co and Alpha after adjusting for the items is $1,100. Here's the long answer:Given that Gordon Co received a statement from its supplier Alpha, showing a balance due of $4,280, while the amount due according to Gordon's records was only $230. The following differences were observed when comparing the statement and ledger accounts.
1. A check sent by Gordon for $270 has not been allowed for in Alpha's statement.
2. Alpha has not allowed for goods returned by Gordon totaling $180.
3. Gordon made a contra entry, reducing the amount due to Alpha by $3,200, for a balance due from Alpha in Gordon's receivables ledger.
No such entry has been made in Alpha's records.To adjust for these items: Adjustment for check sent by Gordon for $270 that has not been allowed for in Alpha's statementAdd the check sent by Gordon to the amount due according to Alpha's records.Amount due according to Alpha's records = $230Amount of the check sent by Gordon = $270New amount due according to Alpha's records = $230 + $270 = $500Adjustment for goods returned by Gordon totaling $180 that has not been allowed for by AlphaSubtract the amount of goods returned by Gordon from the balance due according to Alpha's records.New amount due according to Alpha's records = $500 − $180 = $320 Adjustment for contra entry made by Gordon that has not been made in Alpha's recordsAdd the contra entry made by Gordon to the balance due according to Alpha's records.New amount due according to Alpha's records = $320 + $3,200 = $3,520Therefore, after adjusting for these items, the difference between Gordon Co's records and Alpha's records is $3,520 − $4,280 = $760. This means that Gordon Co owes Alpha $760.
However, the question asks for the difference that remains between the two companies' records after adjusting for these items. To calculate this difference, subtract the amount due according to Alpha's records from the amount due according to Gordon's records. Amount due according to Gordon's records = $230Difference that remains between the two companies' records after adjusting for these items = $500 - $230Difference that remains between the two companies' records after adjusting for these items = $270
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When you put a check you received in the bank, you have immediate access to the money.
True or False.
Answer:
this is true hope this helps
Explanation:
if i get 16 brainlest ill give u guys 136 points
Answer:
you get brainlyist by answering questions. not making them
Answer:
ill give u brainlest tete
Explanation:
You are really hungry and have been wanting to eat pizza all day. Instead of ordering a medium, you order a large. However, after about 4 slices, you don’t want anymore. This is an example of which factor?
Responses
diminishing personal value
diminishing personal value
substitutes
substitutes
buying power
buying power
diminishing marginal utility
The fact that you ordered a large pizza but after 4 slices, don't want anymore is an example of diminishing marginal utility.
What is diminishing marginal utility?Diminishing marginal utility refers to an economic principle that talks about how the utility or satisfaction that a person gets from each additional unit of an item increases at first, and then decreases.
For instance, the person was really hungry and then ordered a large pizza to be satisfied. But as they ate more slices, they were satisfied less and less and eventually ended up wanting no more slices of pizza.
In conclusion, this is diminishing marginal utility.
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Flight Café prepares in-flight meals for airlines in its kitchen located next to a local airport. The company’s planning budget for July appears below:
Flight Café Planning Budget For the Month Ended July 31
Budgeted meals (q) :18,000
Revenue ($4.50q) : $81,000
Expenses:
Raw materials ($2.40q) : 43,200
Wages and salaries ($5,200 + $0.30q) : 10,600
Utilities ($2,400 + $0.05q) : 3,300
Facility rent ($4,300) : 4,300
Insurance ($2,300) : 2,300
Miscellaneous ($680 + $0.10q) : 2,480
Total expense : 66,180
Net operating income : $ 14,820
In July, 17,800 meals were actually served. The company’s flexible budget for this level of activity appears below:
Flight Café - Flexible Budget For the Month Ended July 31
Budgeted meals (q) : 17,800
Revenue ($4.50q) : $ 80,100
Expenses:
Raw materials ($2.40q) : 42,720
Wages and salaries ($5,200 + $0.30q) : 10,540
Utilities ($2,400 + $0.05q) : 3,290
Facility rent ($4,300) : 4,300
Insurance ($2,300) : 2,300
Miscellaneous ($680 + $0.10q) : 2,460
Total expense : 65,610
Net operating income : $ 14,490
Required: show all the work process:
1. Calculate the company’s activity variances for July. (Hint: Refer to Exhibit 9–6.)
2. Which of the activity variances should be of concern to management? Explain.
To calculate the activity variances for July, we need to compare the actual results (17,800 meals served) with the flexible budget amounts.
Calculate the company's activity variances for July:
a. Revenue Variance:
Actual Revenue - Flexible Budget Revenue
= $81,000 - $80,100
= $900 (Favorable)
b. Expense Variances:
Raw Materials Variance:
Actual Raw Materials Cost - Flexible Budget Raw Materials Cost
= $43,200 - $42,720
= $480 (Unfavorable)
Wages and Salaries Variance:
Actual Wages and Salaries Cost - Flexible Budget Wages and Salaries Cost
= $10,600 - $10,540
= $60 (Favorable)
Utilities Variance:
Actual Utilities Cost - Flexible Budget Utilities Cost
= $3,300 - $3,290
= $10 (Favorable)
Facility Rent Variance:
Actual Facility Rent Cost - Flexible Budget Facility Rent Cost
= $4,300 - $4,300
= $0 (No Variance)
Insurance Variance:
Actual Insurance Cost - Flexible Budget Insurance Cost
= $2,300 - $2,300
= $0 (No Variance)
Miscellaneous Variance:
Actual Miscellaneous Cost - Flexible Budget Miscellaneous Cost
= $2,480 - $2,460
= $20 (Favorable)
The activity variances that should be of concern to management are:
Raw Materials Variance: This variance is unfavorable, indicating that the actual cost of raw materials exceeded the flexible budget amount. Management should investigate the reasons for this increase and take necessary actions to control raw material costs.
Miscellaneous Variance: Although this variance is favorable, it is relatively small. However, management should still review the reasons for the variance to ensure there are no underlying issues affecting miscellaneous expenses.
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recording, classifying, summarizing, and interpreting financial events in an organization is referred to as ______.
The name which is given to the recording, classifying, summarizing, and interpreting financial events in an organization is referred to as:
AccountingAccording to the given question, we are asked to state the name which is given to the recording, classifying, summarizing, and interpreting financial events in an organization.
As a result of this, we can see that accounting has to do with the ways through which a business person keeps inventory of the inflows and outflows in his business. This is vital so that he can easily calculate his profit and loss.
Therefore, the correct answer is accounting.
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Bakery has bought 250 pounds of muffin dough. They want to make waffles or muffins in half-dozen packs out of it. Half a dozen of muffins requires 1 lb of dough and a pack of waffles uses 3/4 lb of dough. It take bakers 6 minutes to make a half-dozen of waffles and 3 minutes to make a half-dozen of muffins. Their profit will be $1.50 on each pack of waffles and $2.00 on each pack of muffins. How many of each should they make to maximize profit, if they have just 20 hours to do everything?
Answer and Explanation:
The number of packets of waffles is W
and the number of muffins are M
The weight of dough is 250 pound and a pack of muffins requires 1 lb of dough whereas a pack of waffles uses 3/4 lb of dough.
3÷4W+M≤250
Multiplying both sides by 4
3W+4M≤1000
It takes bakers 6 minutes to make a packer of waffles and 3 minutes to make a pack of muffins, the total time available is 20 hours or 1200 minutes.
3M+6M≤1200
Minus the initial equation from the new equation:
(3M+6M≤1200)−(3W+4M≤1000)
2M≤200
Dividing equation by 2
M≤100
For M≤100
3W+4M≤1000
3W≤1000−4M
For the Maximum values of M
the least value of W is obtained
3W≥1000−4×100
3W≥600
Dividing the equation by 3
W≥300
For maximum profit, the number of waffles and muffins is taken as 300 and 100 respectively :
1.5∗300+2∗100
=650
List the six areas of interest.
Answer:
Six areas of interest are: building,thinking,creating,holding, persuading and organizing.
Explanation:
the suggestion of utilizing venture capitalists, loans, or self-funding are all options to help alleviate wich challenge of entrepreneurship
The suggestion of utilizing venture capitalists, loans, or self-funding are all options to help alleviate the challenge of managing people.
What is entrepreneurship?The entrepreneurship serves the activity that involves the setting up of a business or businesses, by taking the financial risks in the hope of profit.
Therefore, suggestion of utilizing venture capitalists, loans, or self-funding are all options to help alleviate the challenge of managing people.
In this case, as an entrepreneur, one should able to have the mind to bear the risk as well as make the good decision that is need for the success of the business, examples of entrepreneur are; Mark Zuckerberg, Bill Gate and others.
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a product has reached its equilibrium price when
Answer:
A market is said to have reached equilibrium price when the supply of goods matches demand. A market in equilibrium demonstrates three characteristics: the behavior of agents is consistent, there are no incentives for agents to change behavior, and a dynamic process governs equilibrium outcome.
Explanation:
i hope this helps