Which of these are functions of an entrepreneur?

-offering value to consumers through products and services
-contributing to the government’s revenue in the form of taxes

GDP is not a determinant of the price elasticity of demand; the main factors are availability of substitutes, the good's relative importance in the consumer's budget, and whether the good is a necessity or a luxury.The correct answer to the student's question is D - GDP.

GDP is not a direct factor affecting the elasticity of a good. The key determinants of price elasticity of demand include: the availability of substitutes, the good's relative importance in the consumer's budget, and whether the good is a necessity or a luxury. If a good has many substitutes, consumers can more easily switch to alternatives if the price changes, which increases the elasticity. A good that takes up a significant portion of a consumer's budget is likely to be more elastic because consumers will be more sensitive to price changes. Necessities tend to have inelastic demand because consumers will buy them regardless of price changes, while luxuries often have more elastic demand as consumers can forgo these if prices rise.

Answer:

Competitive Strategy

Explanation:

The competitive strategy is carried out from the Strategic Planning, generating that the organizations can have a broad panorama of the competition and that advantages and disadvantages it has against them. makes the competitive advantages stronger in the market and its wider reach.

Answer:

D. Precise

Explanation:Trust me  i got it right, the other guy is wrong

Explanation:

The key inputs for a strong job design are a task, motivation, resource allocation and a compensation system. ... The Core Characteristics Model connects job characteristics to the psychological states that the worker brings to the job. It emphasizes designing jobs so that they lead to desired outcomes.

Final answer:

The result of job design includes improved employee motivation, job satisfaction, organizational commitment, and reduced absenteeism and turnover. This impact stems from effectively structuring jobs to balance organizational demands and employee needs.

Explanation:

The result of job design is multifaceted and has a significant impact on various aspects of organizational behavior and employee engagement. Effective job design can lead to enhanced employee motivation, improved job satisfaction, increased commitment to an organization, and a reduction in absenteeism and turnover rates. By carefully considering how jobs are structured and the tasks that they entail, managers can foster a work environment that strikes a balance between organizational demands and individual employee needs, thereby achieving a positive outcome for both parties.

Historically, the concept of job design has evolved to integrate various theories and approaches, such as the simplification of tasks in the early 20th century to more modern approaches that consider a wider range of factors influencing worker satisfaction and productivity.

Answer:

A general description about the benefits of the sponsorship to the organisation.

Explanation:

Information about your organisation is important as the other party is interested in your financial status and hence it is important to give full description about your company.

The event for which sponsorship is needed is described properly. The benefits from this sponsorship has to be mentioned clearly. Include the cost and reward of the sponsorship. These are few things that can be included in a sponsorship.

Answer:

Holland Codes and the abbreviation RIASEC refer to John Holland's six personality types: Realistic, Investigative, Artistic, Social, Enterprising and Conventional. Career Key organizes and scientifically classifies careers, college majors, career clusters, and career pathways by these personality types.

hope this helps

Explanation:

Final answer:

The Holland Codes are a theory of careers and vocational choice based upon personality types, each with distinct preferences for types of work and environments. There are six codes: Realistic, Investigative, Artistic, Social, Enterprising, and Conventional. These codes help align personal traits with suitable careers.

Explanation:

The Holland Codes are a set of personality types developed by psychologist John L. Holland used for career assessment. They are also known as the Holland Occupational Themes (RIASEC) and represent a framework for categorizing jobs and work personalities.

There are six distinct categories within the Holland Codes:

Understanding your Holland Code can help guide career choice, indicating a match between your personal interests and professional paths. This is often used in career counseling to help individuals discover careers that suit their personality traits and work preferences.

A consumer's opportunity cost refers to the value of something that is given up to get something else and is usually associated with an item not purchased, while a business's opportunity cost usually refers to an output not produced.

The key difference between a consumer's opportunity cost and a business's opportunity cost is that the consumer's opportunity cost is often associated with A) an item not purchased. In other words, it reflects the cost of foregoing one product or service in order to purchase or utilize another. For example, if a consumer chooses to buy a book instead of a CD, the opportunity cost is the enjoyment they would have gained from the CD.

Conversely, a business's opportunity cost typically involves B) an output not produced. This could be the profit or revenue that could have been generated if resources had been used for different production. For instance, if a company decides to manufacture laptops instead of smartphones, the opportunity cost could be the revenue that could have been made from selling smartphones.

So, in terms of the question, the consumer's opportunity cost is associated with 'an item not purchased'.

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Answer:

Explanation:

A withholding tax is an amount that an employer withholds from employees' wages and pays directly to the government. The amount withheld is a credit against the income taxes the employee must pay during the year. ... After the Civil War in 1872, tax withholding and the income tax was abolished entirely.

Answer:

It means that the ultimate goal of commerce is to eliminate barriers between producers and consumers

Explanation:

Answer:

With the help of different methods Welders fabricates and put together metal parts.

Explanation:

A welder fabricates and puts together metal parts. They do this through the use of various machines that create intense heat to. Welders put together two metal objects and join them with the help of welding methods.

Welding is a very important method as all the objects in our day to day life are made with the help of welding. May it be a car or any show case item.

Final answer:

Welders use various heat sources to join metal materials using welding, which is essential for construction, automotive, aerospace, and manufacturing industries for creating permanent and durable joints. Protective gear is crucial for safety due to the intense thermal energy and electromagnetic radiation produced during welding. Knowledge of welding chemistry, such as the thermite reaction, highlights the process's significance.

Explanation:

What Welders Do and Why It's Important

Welders are skilled professionals who join metal parts together using the process of welding, which is a sculptural fabrication process. They use an assortment of tools and heat sources, such as gas, electricity, and laser, to melt the metal materials and solder them effectively. This requires an in-depth understanding of materials and the welding process, personal protective equipment like welder's gloves and helmet, which are vital for the welder's safety, as the electric arc used in welding can melt the rod, spray sparks, and emit high-energy electromagnetic radiation that can cause severe burns or retinal damage if the eyes are not properly protected.

Due to the high temperatures involved, the thermal energy produced by the welding process can be felt several meters away, and the light from the welding process can be seen for kilometers. In industries like construction, automotive, aerospace, and manufacturing, welding is indispensable because it provides a permanent solution for joining components that must withstand stress and stay intact over long periods. Moreover, the ability to weld using the thermite reaction, which involves aluminum metal and iron(III) oxide, demonstrates a valuable application of chemistry in the field of welding.

Understanding the chemistry within welding, including the crucial role of oxygen in oxidizing substances and the removal of carbon from iron during steel production, offers insights into the importance of welding in various industry sectors. Welding is not only essential for creating and maintaining strong structures but also for the professional opportunities it offers for those trained in this trade.

Answer:

Horses are a luxury.

Explanation:

Positive salary versatility of interest is related with typical products; an expansion in pay will prompt an ascent sought after. In the event that pay versatility of interest of a ware is under 1, it is a need decent.

In the event that the flexibility of interest is more prominent than 1, it is an extravagance decent or a prevalent decent. Extravagance products as a rule have Income Elasticity of Demand > 1, which means they are pay flexible.

This infers shopper request is more responsiveness to an adjustment in pay. For instance, precious stones are an extravagance decent that is salary versatile.

Given the income and demand changes, houses have the highest positive income elasticity, indicating they are a luxury good. Spades, with negative income elasticity, are an inferior good. Horses are a normal, but not luxury, good.

The income elasticity of demand measures the responsiveness of the demand for a good to a change in the income of the people demanding the good. It is calculated by dividing the percentage change in quantity demanded by the percentage change in income. If the value is positive, the good is a normal good, if it is negative, the good is an inferior good.

The income elasticity of demand for houses is 29 / 18 = 1.61. For spades it's -17 / 18 = -0.94. For horses, it's 14 / 18 = 0.78. Given these numbers, houses appear to be the normal good with the highest income elasticity and therefore can be classified as a luxury good. Spades, with a negative income elasticity, are an inferior good. The horses, with a positive but less than 1 income elasticity, are a normal, but not luxury good.

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Answer:

(10.5, 5.5)

Explanation:

There is a formula for calculating the midpoint of two points.

[tex](\frac{x1 + x2}{2}  , \frac{y1 + y2}{2} )[/tex]

How do we plug the two points into this formula?

(9, 6), (12,5)

9 is x1

6 is y1

12 is x2

5 is y2

This means, when we plug these numbers into the formula... it looks like this:

[tex](\frac{9 + 12}{2} , \frac{6 + 5}{2} )[/tex]

When we evaluate the new X coordinate of our midpoint:

(9 + 12) / 2 = 10.5

And when we evaluate the new Y coordinate of our midpoint:

(6 + 5) / 2 = 5.5

The final answer is (10.5, 5.5)

Answer:

These are examples of WANTS!

Explanation:

Answer:

Wants

Explanation:

Wants can be defined as something you wish or desire to have. It may not necessarily be a pressing need so wanting to own extra pairs of shoes and music downloads are examples of wants.

Answer:

As we acquire more units of a product we are willing to pay less for each additonal unit of the product.

Explanation:

Answer:

?

Explanation:

Answer:

The disadvantage of using range is:

Explanation:

It not measure the spread of the majority of values in a data set (only measures the spread between highest and lowest values).

Range as a measure of variability is limited because it only accounts for the extreme values and ignores the rest, potentially skewing the understanding of a data set's variability. Standard deviation, however, takes into account all data points, offering a fuller measure of spread. Differences in the outcomes of sampled groups can be attributed to sampling variability.

A disadvantage of using the range as a measure of variability is that it only considers the two extreme values in a data set. Hence, it does not take into account any values that lie between these extremes. This could be misleading, especially in data sets with outliers or when a few extreme values are not representative of the distribution.

The standard deviation, on the other hand, considers all the data points by calculating the average distance from the mean. This provides a more comprehensive picture of the data's variability. Standard deviation is affected by each data value, making it sensitive to outliers but also more informative of the overall variance within a data set.

In the context of the given examples, the sampling variability would explain the differences in outcomes among the five groups of women as each group is a random sample and might not exhibit the exact same characteristics as the population from which it is drawn.

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Answer:

Low savings habits vs high expenditure habits

Explanation:

Americans have  the habit of expend most of their income in actions like buying houses with loans. And the savings that should be of the 10% of the income are not behaviors that are adopted for the most of americans.

Answer:

based on the economics , the one that should be the most influential in making the decisions is : the value of resources The value of resources refer the one's capability in spending their resource to get what they want. An entity with low amount of resources , tend to be more careful about how they spent their resource Hope this helps. Let me know if you need additional help!

Explanation:

The most influential factor in deciding between selling energy drinks or organizing a car wash for a school band fundraiser based on economics would be consumer demand, as it directly affects revenue potential. Secondary considerations include the capital required and the labor needed for the fundraiser.

Based on economics, the most influential factor in deciding whether the school band members should sell energy drinks at a football game or organize a car wash would be the consumer demand. This is because the success of either fundraiser will largely depend on how much demand there is for the product or service they are offering. If more people are interested in buying energy drinks at a game, then that option may yield a higher profit compared to a car wash with lower demand. It's essential to analyze the preferences of potential customers and consider factors such as the event setting, audience preferences, and likely weather conditions to predict consumer demand effectively. For example, a football game may attract attendees who seek convenient refreshments like energy drinks, whereas a sunny weekend might be more suitable for a car wash.

A secondary consideration could be the capital needed. If the initial investment to start up the fundraiser is too high, it might not be feasible. Similarly, the labor needed is also a factor; if not enough volunteers are available to wash cars, this option may not be viable. Lastly, the value of the resources used, such as water for a car wash, shouldn't be overlooked. Nevertheless, consumer demand is the driving force as it directly impacts potential revenue generated from either activity.

Answer:

The answer here would be B.

Hope this helps!

Answer:D

Explanation:

Initiative

Final answer:

The true definition of supply is the quantity of a good or service that sellers are willing to sell at various prices, which makes the given statement false. The Law of Supply illustrates that as prices increase, the quantity suppliers are willing to offer generally increases as well.

Explanation:

The statement presented is false. Supply is not the quantity of a good or service that a consumer is willing and able to buy at a particular price; rather, it is the quantity that sellers are willing to sell at each possible price. Supply signifies the relationship between the price and the quantity of a good or service that producers are prepared to offer for sale. Specifically, supply is the quantity of a good or service that producers are willing and able to sell at different price points, assuming all other factors influencing supply are kept constant.

As a key takeaway, supply involves a positive relationship between the price and the quantity supplied. This means that as the price of a good or service increases, producers are typically motivated to supply a greater quantity. Conversely, if the price decreases, the quantity supplied is likely to lessen. This behavior is reflective of the basic Law of Supply.

You are most likely to find the cheapest college textbook prices at online bookstores, despite potential stock and delivery challenges. Used bookstores can also offer lower prices but may not have the most current editions, while college bookstores often have higher prices.

The cheapest college textbook prices are most likely to be found online. Online textbook retailers advertise lower prices as compared to on-campus college bookstores. Nonetheless, when seeking textbooks online, it's imperative that students consider whether the retailer has the needed textbooks in stock and if they can promptly deliver them at the start of the term. The demand for the most popular textbooks can deplete online supplies quickly, making them harder to find. Another option to consider is assigning free online textbooks, which avoids the high costs associated with printed color textbooks and allows access to rich, colorful educational content.

In comparison, a local bookstore may not have as significant of a discount on textbooks, and while used bookstores offer lower prices, their stock might be limited in terms of current editions or the quantity of textbooks available. Conversely, college bookstores might offer convenience but typically at a higher cost. Additionally, some commercial publishers offer inexpensive digital textbooks that may come with access codes or have certain limitations.

Answer:

The answer would be ethical.

Explanation:

Teaching ethics requires teacher to exercise confidentiality. Therefore, Professor Smith's refusal to discuss Sally's performance with the mom is in line with professional ethical requirements in teaching. Sally's consent must be sought before Professor Smith discusses her performance with her mom.

The consideration that describes why professor smith can’t discuss how sally is doing in chemistry class with her is Ethical.

Under the code of ethics for teachers, it is required of the professor to exercise confidentiality. It is the basic ethical requirements that all teachers should ensure that the performance of their students is confidential and that only the student should be able to access their score.

Teaching ethics requires teachers to share information of their students with others only when it is necessary. The codes of ethics are put in place to protect the rights of the student and to guides teachers as to how to relate with their students.

Therefore, in the given context, professor smith must seek sally’s consent before he can discuss the performance of her performance with her mum.

A code of ethics is the principles put in place to help professionals perform their duties with honesty and integrity. A code of ethics may contain the mission of an organization, how professionals are supposed to conduct themselves. Ethical code is very important because it outlines the rule for behavior.

Therefore, the consideration that describes why professor smith can’t discuss how sally is doing in chemistry class with her is Ethical.

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KEYWORDS:

Answer:

a. n/a

Explanation:

apex

Budgets are used to manage finances and make informed decisions about spending, saving, and investing. They can be used by individuals to track expenses and find ways to save money. Businesses use budgets to plan for future financial needs, allocate resources effectively, and monitor financial performance.

People use budgets to help them manage their finances. A budget is a financial plan that outlines income and expenses over a specific period. It helps individuals and businesses make informed decisions about spending, saving, and investing their money.

For example, a student might create a budget to keep track of their monthly expenses such as rent, food, transportation, and entertainment. By comparing their actual spending to the budgeted amounts, they can see if they need to adjust their spending habits and find ways to save money.

Budgets are also widely used in businesses as they help in forecasting future financial needs. By creating a budget, a business can plan for sales, expenses, and investments. This allows them to allocate resources effectively, set financial goals, and monitor their financial performance.

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Answer:

Many different things

Explanation:

There could be go carts, old people love to ride cars and go fast. Old people also do not like roller coasters that much so it has to be a simple ride. And women have sensitive bladder as they get older so they do not like to ride rides that much. So I think a fun ride would be go karts that go fast because those would be fun for older people.

To attract adults aged 45 or older, Six Flags could offer spas and wellness centers, gourmet dining options, live entertainment, and scenic areas. These features provide relaxation and cultural enrichment to appeal to this demographic.

Feature for Adults 45 or Older at Six Flags

To make Six Flags more appealing to adults aged 45 or older, the park could introduce attractions that focus on relaxation and cultural enrichment. This could include:

These additions would provide a well-rounded experience that caters to the interests of older adults, ensuring they have a memorable and enjoyable time at Six Flags.

Answer:

fred ,cause he never sell his car the 10 dollar bill is only for fixing his Tyre and driving him home

The amount of money is a denomination of US currency. The 10-dollar bills issued are Notes.

Thus, the other person stole the car and helped him fix the tyre.

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Answer:

Scarcity

The Basic Problem - Scarcity

Scarcity, or limited resources, is one of the most basic economic problems we face. We run into scarcity because while resources are limited, we are a society with unlimited wants. Therefore, we have to choose.

Answer:

Public goods often suffer free-riders' problem. Although each user values them, none has an incentive to pay to maintain them. Hence, the valuation such goods and services may help the resource managers to deal with the effects of market failures, by measuring their social and opportunity costs.

Explanation:

Answer:

Economic value is a measure of the benefit provided by a good or service to an economic agent. ... If a consumer is willing to buy a good, it implies that the customer places a higher value on the good than the market price.

Explanation:

Answer:

Career Planning Helps Us Grow

Explanation:

Having a realistic career plan in place is often an essential part of our personal growth and development. Without goals to strive for, most people find it difficult to stray from the easy norm or to gain skills which make them a more valuable commodity in the business world

Answer:

Private property and protection of property rights are important because it helps the economy deal with the issue of resource scarcity by ensuring its use is controlled through ownership. The private owner of a resource is expected to act in their self-interest to develop products

Answer:

The work areas I would consider developing are the sales department and the finance department.

These areas are very important because through it you can develop plans that allow the growth of the organization throughout the territory where you are