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- A fast-food company spends millions of dollars to develop and promote a new hamburger on its menu only to find that consumers won't buy it because they don& like the taste. From an economic perspective, the company should keep the hamburger on the menu because they spent so much money and time developing and promoting the product. spend more money to develop a more efficient way to cook the hamburger so it cooks in a shorter time. pull the hamburger off the menu and treat the development and promotion expenditures as a sunk cost. keep trying to sell the hamburger so that people who developed and promote it have a job with the company.A fast-food company spends millions of dollars to develop and promote a new hamburger on its menu only to find that consumers won& buy it because they done like the taste. From an economic perspective, the company should.......... keep the hamburger on the menu because they have spent so much money and time developing and promoting the product. spend more money to develop a more efficient way to cook the hamburger so it cooks in a shorter time. pull the hamburger off the menu and treat the development and promotion expenditures as a sunk cost. keep trying to sell the hamburger so that people who developed and promote it have a job with the company.Discuss the difference between economic value and social value or the shared value creation framework. Why do you think organizations tend to focus on the creation of one type of value but not both?
- a good example of a resource would be? a. stocks b. Human capital c. bonds d. intital public offering.6. A certified financial planner notes that with an unsubsidized student loan, the borrower has the choice of whether to make interest payments on the loan while still in college. She advises that making the interest payments rather than postponing them until after graduation is "always to your financial benefit ... because otherwise the interest payments will capitalize" (a) (b) What does the financial planner mean when noting that the interest payments will "capitaliz"? Why does she believe that making the payments would be to your fi- nancial benefit? Are there good reasons some students decide to postpone making the interest payments until after they graduate? Briefly explain.4.1 A ________ provides money that does not need to be repaid. It is intended to promote renewable energy projects and is primarily available to commercial, industrial, utility, are educational institutions. a. Loan b. Incentive c. Grant d. Lease 4.2 In 1838 the photovoltaic industry was started when Alexandre Edmund Becquerel discovered ______. a. The Becquerel principle b. The photovoltaic effect c. Solar radiation d. Solar irradiance 4.3 A(n) _______ converts DC electricity to AC electricity. a. Converter b. Inventer c. Coupler d. Transformer 4.4 A ______ system collects solar radiation from the sun and converts it directly into DC (direct current) electricity. a. Solar thermal b. Solar architectural c. Photovoltaic d. Radiator
- Which statement best describes how scarcity is an important part of business ecobomicsA fast-food company spends millions of dollars to develop and promote a new hamburger on its menu only to find that consumers won't buy it because they dont like the taste. From an economic perspective, the company should keep the hamburger on the menu because they have spent so much money and time developing and promoting the product. spend more money to develop a more efficient way to cook the hamburger so it cooks in a shorter time. pull the hamburger off the menu and treat the development and promotion expenditures as a sunk cost. keep trying to sell the hamburger so that people who developed and promote it have a job with the company.Explain the concept of scarcity in general and further indicate how this is critical to the success of a business.
- 1. What are the characteristics of a good theory? What makes a theory practical? How can an entrepreneur use the resource-based theory for his or her advantage? 2. Explain the problems we would have if there was a “law of entrepreneurship.” 3. How does each of the four attributes of resources contribute to SCA?O Investigation Board project.pptx X 9 Schoology sprep.schoology.com/common-assessment-delivery/start/5435449339?action=Donresume&submissionld3672186941 9 Home | Schoology D YouTube O Maps G youtube - Google S.. O Microsoft Office Ho.. O Application Sent Describe Your A atch the economy with its definition Command Economy Mixed Economy Market Economy : An economic system in which decisions about production and consumption are made by the government. Economic system in which decisions about production and consumption are made by both the govermment and individual producers & consumers. : Type of economic system most closely associated with the phrase "Laissez-faire". (Hands off) 3 4 6. e here to search II 立1.How does a business owner applying the concept of marginal costs decide how much to produce? For example, how did the driver determine how many hours to drive each day?