Answer and Explanation:
The computation is shown below:
a. The rate of return in percentage is
= return ÷ investment
= $15 ÷ $150
= 10%
b. The economic profit is
= rate of return - normal profit rate
= 10% - 5%
= 5%
c. As the economic profit is more than 0 so it should be the entry
d. The rate of return in the long-run equilibrium to the 5% as the rate of return should be equivalent to the normal rate of profit
explain the effect of a lack of shortage of entrepreneurs in the economy
Explanation:
Lack of entrepreneurs will lead to lower jobs, innovative products and a decline in economy. By developing new technology, goods, and services, entrepreneurs help to fuel the economic growth.
What is innovation? (Media Literacy)
A. A groundbreaking idea, product, or method
B. A technological tool that drives hyperlinks
C. An exciting development in a story's plot
D. A story that nobody has ever heard before
Answer:
A. A groundbreaking idea, product, or method
Explanation:
Innovation refers to the process that leads to the formation of new ideas that has been been invented before. It refers to the fresh ideas that helps in attracting people inn terms of business. Idea generation helps in new development and thereby helps in the progress. The introduction of the idea from the existing resources helps in the formation of new ideas that take the shape of innovation.
Location externalities (skilled labor force, supporting industries in place, etc.) are considered a __________ factor when choosing a location of production. A. Product B. Technological C. Country-specific D. Manufacturing
Answer:
Option C. is correct
Explanation:
Externality refers to the impact of market exchange on a third party that is a person who is external to the exchange.
Location externalities include skilled labor force, supporting industries in place, etc.
Location externalities are considered a country-specific factor when choosing a location of production.
So,
Option C. is correct
Kristina is tempted to get a credit card now that she is in college. What is one fiscally responsible reason for Kristina to get a credit card? A. She will be able to buy whatever she wants. B. She won’t have to carry cash everywhere. C. Price will no longer need to be considered when she makes purchases. D. She will receive a free tee-shirt when she opens the account.
Answer:
B because it is the only one except for d that cant be done using cash and d is just not it
Explanation:
Answer:
it would be B
Explanation: because you can definitely rule out D, C is definitely not it because you should still consider pricing with whatever you buy. With A it isn't a good reason because you may not have a lot of money on your card.
Which is an economic system?
a.
monarchy
c.
dictatorship
b.
democracy
d.
market
Answer:
market!!!
Explanation:
Market is an economic system. A market economy is an economic system in which supply and demand determine how goods and services are produced.
What is economic system?An economic system is a method for communities or governments to organize and distribute resources, services, and goods throughout a region or country. As a result, a social system is a form of economic system.
Thus, Option, D market is correct.
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write a sample complaint for a customer gaining a food born illness from a restaurant
Answer:
mk
Explanation:
________________ mortgage is two or more mortgages consolidated into one payment, and is usually designed to allow the buyer to purchase with a smaller down payment, with the added benefit of a below market interest rate first mortgage. The sellers receive all of their cash at the time of closing, while the lender wraps new money around an existing assumable loan. This type of loan limits its use to homes with an existing FHA or VA loans because most other conventional loans have alienation or due on sale clauses.
Answer:
wrap around mortgage
Explanation:
A wrap-around mortgage is can be used in deals of owner-financing.
Wrap around mortgage refers to two or more mortgages consolidated into one payment. Such type of mortgage allow the buyer to purchase with a smaller down payment. A buyer also gets an added benefit of a below market interest rate first mortgage. A wrap-around mortgage can only be used to homes with an existing FHA or VA loans.
Terrance has just signed a contract with a bank to get a loan to buy a new house. What is TRUE about this contract? A. Both the bank and Terrance share power of attorney. B. Terrance has participated in a guarantee of gain. C. Both parties now have an obligation to their agreement. D. Terrance is required to submit a verbal agreement.
Answer: C. Both parties now have an obligation to their agreement.
Explanation:
When parties get into a contract, they have a legal obligation to each other to fulfill their part of the agreement or the other party will be able to seek redress in a court of law.
Terrance and the bank are now parties to an agreement to provide Terrence with a loan to buy a house. The bank will have to fulfill this obligation by giving Terrence the loan and Terrence will fulfill his side of the agreement by making payments as stipulated in the loan covenant.
Swinging Sammy Skor's batting prowess was simulated to get an estimate of the probability that Sammy will get a hit. Let 1 = HIT and 2 = OUT. The output from the simulation was as follows.
1 2 2 2 2 2 2 2 2 2 1 2 2 2 2 2 2 1 2 1 2 2 2 2 2 1 2 2 2 1 2 2 2 2 2 2 2 2 1 2 2 2
Estimate the probability that Sammy makes an out.
A. 0.929
B. 0.782
C. 0.833
D. 0.621
Answer:
I think its B!
Hope this helped! Good luck!! :)
Answer: B is the answer
Explanation: