Jen is starting a nonprofit store she plans to sell handmade African scarves and jewelry. Which economic question(s) would Jen still need to answer?

Answers

Answer 1

Answer: even though the business is nonprift, but the basic underlying principles remain.
the questions that jen needs to ask is weather or not there is enough demand for the items she plans to sell. if there isnt,what possible steps and resources must be committed to make the demand fr the items rise. the next question will be weather or not she can maintain a steady supply chain. does she have a supplier capable of supplying the items that she needs to sell?
another questions will be the price. at what price she can sell the items. does the cost covers all the expenses that she incurred?does she have enough suprlus to expand her operations?

Related Questions

In 1975, interest rates were 7.85 % and the rate of inflation was 12.3 % in the United States. What was the real interest rate in 1975? How would the purchasing power of your savings have changed over the year? (Note: Be careful not to round any intermediate steps less than six decimal places.) What was the real interest rate in 1975? Real rate of interest in 1975 was nothing%. (Round to two decimal places.)
Provide 3 examples of a need and 3 examples of a want.
Nikki loves order and efficiency. She works to make sure that the supply chain is running properly and loves toorganize and track her company's products.Which career path is Nikki most likely in?O Buying and MerchandisingO Distribution and LogisticsO E-MarketingO Management
Which of the following statements about the U.S. housing industry is accurate?A) The total net housing wealth is equal to about 80 percent of GDP. B) The housing industry is not a big part of the economy. C) No one really knows how many building permits are issued in the U.S. each month. D) The total net housing wealth was less than 1 billion dollars in 2006.
What is a mortgage?

How are consumer buying decisions related to successful financial management?

Answers

Answer:

The correct answer is " If the consumer spends their money according to their financial plan it would be successful".

Explanation:

If the consumer decides to spend their money according to the financial plan that was developed to achieve the objectives that the company has, then we can say that the financial management that was previously planned is successful.

Have a nice day!

Answer: Consumer buying decisions are related to successful financial management because of spending habits, do you tend to overspend or under-spend? If the consumer is spending their money according to their financial plan then their financial management would be successful.

When both parties are expecting to gain from a transaction, they are conducting a __________ trade.

Answers

When both parties are expecting to gain from a transaction, they are conducting a Voluntary trade. In a Voluntary trade, both the sell and buyers involved in the transaction based on their own free will and expecting to gain a profit from the trade

Answer: voluntary trade

Explanation:

When you gave your friend a fifty-dollar bill for an iPod, you used money as:A. a standard
B. store of value
C. medium of exchange
D. measure of value

Answers

Answer: Medium of exchange.

Explanation:

The $50 is given in exchange for an iPod, therefore in the question's illustration money serves as a medium of exchange. Money as a medium of exchange means that money is needed when conducting business transactions that involves buying and selling.

What are the main similarities and differences between QE in Australia, in the UK, in Japan; in the Eurozone; and in the USA.(comparing to Australia)

Answers

The main similarities between QE in Australia, the UK, Japan, the Eurozone, and the USA are that they all involve central banks purchasing government bonds or other assets to inject money into the economy. This is done to stimulate economic activity, increase liquidity, and support financial markets.

However, there are also some differences in the implementation and scale of QE among these countries. For example, the specific assets purchased, the timing and duration of the programs, and the overall size of the QE programs can vary. Additionally, the specific goals and objectives of QE may differ slightly depending on the economic conditions and policy priorities of each country.

Overall, while there are similarities in the general approach of QE across these countries, the specific details and nuances may vary.

Quote from the scenario four challenges faced by the music industry

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In the Globalization era, the challenges that could be faced by the music industry are :

- Piracy, which will greatly decrease the revenue of the production house
- Copyrights infringement
- Media and Critiques (which will shaped public's opinion towards an artist)
- Lack of Artist's quality

What is one of the best ways to determine what kind of business you'll enjoy? A. Buy an established business. B. Create one related to what you do in your free time. C. Get advice from a professional. D. Make small investments in several diverse ideas.

Answers

The answer would be (B. To create one related to what you do in your free time) To be interested/motivated in what you are doing, it has to grab your attention, you have to appreciate the topic, best way to make a business you'll enjoy is to create one based around one of you favorite pass times, hobbies, passions, etc...

Answer:

. Create one related to what you do in your free time

Explanation:

Other Questions

Tool Makers, Inc. make garden rakes extremely well and of the best quality in the industry. Their rakes are difficult to copy, and give it an advantage over competitors in the marketplace. It can be said that Tool Makers have a(n):_________.

when the price movie tickets increases from $15 to $25, the quantity of movie tickets sold decreases from 30 to 20. calculate the absolute value of the price elasticity of demand using this information.

We reached our goal by helping 2000 customers this month which is 14% more than last month." Employee: "That means that we must have helped __________ customers last month."

What does the arrow from net income to stockholders' equity signify in a horizontal financial statement, and is it expected to be shown without error?