1. The value input is the total revenues received by the entrepreneur while the value of output is the total costs incurred in the exercise of the business.
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- Induced investment is made with the intent of producing a substantial output. a. producing a substantial output. b. marginal efficiency of capital with the rate of interest c. to meet the equilibrium of demandQuestion 2 Lamya has initial investment of SR45, 000. If it were to be invested on stocks, the market interest rate would be 0.12 (12%).However, the industry uses capital and labor as inputs and sells 2, 800 belts per month at SR25 market price. If the cost of the machine that produces the belts is SR 30,000 and labor cost is 20,000. Calculate the following: a. Total revenue. b. Opportunity cost of capital c. Economic profit d. Accounting profit e. From your answer in (c), is the business profitable from the economic profit point of view? Explain your answer. Question 3 The table below gives some data on the population of Crescent Highland. Use the provided information to fill the table. YEARS 1 2 3 4 5 6 7 Population: 16 Years Older or Over (Millions) LabourForce (Millions) Employed (Millions) Unemployed (Millions)…Interest Rate 0 Multiple Choice O O A O S₁ BC Quantity Refer to the diagram. Suppose that the demand for loanable funds is D₁ and the supply of loanable funds initially is S₁. If the supply of loanable funds increases to So, the equilibrium quantity of funds borrowed will increase from E to F. increase from A to B. increase from B to C. So decrease from G to F. Do D₁
- Suppose you spent $100000 to purchase some machinery equipments for your firm, this expenditure will be your a. Physical capital b. Gross investment c. Financial capital d. None5. Personal income will decrease if companies do not distribute profits T True F FalseQUESTION 18 A clothing manufacturer produced 5,000 sweaters, but sold only 4,000 of them. The remaining 1,000 sweaters would be classified as part of the firm's intangible capital. a factor of production. part of the firm's tangible capital. O a loss to the firm.
- The interest rate earned on an investment in an asset is called Group of answer choices a. The capital output ratio. b. The rate of return. c. The risk quotient. d. Capitalization. e. Depreciation.Don has an idea for a new business. In order to develop his idea, he needs to invest $600 today. Don's idea will pay off $690 next year for certain. Now suppose that Don has $600 in his bank account. c. Suppose that the interest rate for borrowing and for lending is 12%. Should Don withdraw his savings to fund his idea? d. Suppose that the interest rate for borrowing and for lending is 22%. Should Don withdraw his savings to fund his idea? e. Does the method of financing (whether through savings or debt) appear to affect the relationship between the interest rate and the decision to undertake investment? Explain.67. Earnings that are not paid as dividends to stockholders and have cumulative amount are classified as A. non-paid earnings B. common earnings C. retained earnings D. preferred earnings
- 1. This theory is concerned on how to increase production efficiency to lower costs, raise profits, increase workers’ pay through increased productivity. 2. This is looking ahead by arranging a scheme for doing a project. 3. It pertains to the evaluation of the goods or services and assessing the packaging materials and salability of products. 4. These are the probable problems that an entrepreneur faces. 5. This approach is recommended by the Quantitative Management Theory to manage problems. 6. A management theory that the quality and quantity of work are affected by conditions workers are exposed to on and off the job. 7. It is about the process of acquiring and using human, fiscal, and material resources effectively to produce goods and services needed by people. 8. It refers to the obstacles that may prevent the business from attaining its financial target. 9. Keenly observe their environment for ideas that can be turned into profit. 10. This is defined by the continuous…An increase in land rents a. will lead to an increase in the marginal revenue product of all inputs used in production except for the land. b. will lead to an increase in the marginal revenue product of all inputs used in production on the land. c. will lead to land to be used less intensively as its marginal revenue product has decreased. d. will bring some previously zero-rent land into productive use.Product Market Refer to the diagram. Flow 1 represents Flow 3 Multiple Choice wage, rent, interest, and profit income. Flow 4 land, labor, capital, and entrepreneurial ability. goods and services. consumer expenditures.