Which storage device has no moving parts?
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Which of the answer options is best thought of as a type of…
Which of the answer options is best thought of as a type of learned optimism in successful entrepreneurs?
All entrepreneurs have at least four sets of resources: acce…
All entrepreneurs have at least four sets of resources: access to capital; their own skills and abilities; their own knowledge; and their network of friends and business associates.
This stage of the business life cycle occurs once the firm i…
This stage of the business life cycle occurs once the firm is established in its market.
Due diligence is the process of investigating to determine t…
Due diligence is the process of investigating to determine the full and complete implications of buying a business.
Which of the following statements is true of a franchise?
Which of the following statements is true of a franchise?
The feasibility of an idea is the extent to which it is viab…
The feasibility of an idea is the extent to which it is viable and realistic.
The only way to own a business is to start one yourself or p…
The only way to own a business is to start one yourself or purchase an existing business.
Sarah went shopping for holiday presents. She bought gift ca…
Sarah went shopping for holiday presents. She bought gift cards and tree ornaments for her coworkers. The gift cards cost $10 each and tree ornaments cost $8.50 each. She buys a total of 46 presents and spends $427. How many gift cards and tree ornaments. Identify the variables, write the system of equations, solve the system of equations and write the answers clearly.
Formulas: Cost = Fixed Cost + (Variable Cost)xRevenue = (pr…
Formulas: Cost = Fixed Cost + (Variable Cost)xRevenue = (price-demand)xProfit = Revenue – CostEntertainment 720 is a company that sells big speakers. The company has a fixed cost of $1200 and a variable cost of $65 per speaker. The company sells the speakers for $73. Part a) Find a cost function. Part b) Find the revenue cost. Part c) Find the profit cost. Part d) Determine the amount of profit earned selling 30 speakers.