select the correct answer.\nron and nick chose to start their own businesses. ron wanted to start an ice…

select the correct answer.\nron and nick chose to start their own businesses. ron wanted to start an ice - cream shop, and nick wanted to launch a television manufacturing company. ron and nick had equal amounts of funds on hand and no government regulations restricting them. months later, however, ron has already set up his business, while nick is still struggling to raise additional funds to build a factory. what was the main factor that affected nicks business?\n○ a. an irrelevant business idea\n○ b. low demand for tvs in his country\n○ c. high start - up costs\n○ d. lack of labor

select the correct answer.\nron and nick chose to start their own businesses. ron wanted to start an ice - cream shop, and nick wanted to launch a television manufacturing company. ron and nick had equal amounts of funds on hand and no government regulations restricting them. months later, however, ron has already set up his business, while nick is still struggling to raise additional funds to build a factory. what was the main factor that affected nicks business?\n○ a. an irrelevant business idea\n○ b. low demand for tvs in his country\n○ c. high start - up costs\n○ d. lack of labor

Answer

Brief Explanations:

Ron could set up his ice - cream shop while Nick struggled to raise funds for a TV manufacturing factory. Starting a TV manufacturing company likely requires more capital for building a factory compared to an ice - cream shop, indicating high start - up costs. There's no indication that the business idea is irrelevant, no mention of low TV demand, and no reference to labor shortage.

Answer:

C. high start-up costs