Homework Help is Here – Start Your Trial Now!
Business
Economics
factor to the success of the the production of an affordable computer for a g applying socialist ideas when starting a new bus the strong government involvement in the begin the free enterprise system in the United States One contributing

factor to the success of the the production of an affordable computer for a g applying socialist ideas when starting a new bus the strong government involvement in the begin the free enterprise system in the United States One contributing

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
See similar textbooks
icon
Related questions
Question

Please help

Steve Jobs and Steve Wozniak built the first personal and affordable Apple computer in their garage. They did not have enough money to begin their company so they borrowed $250,000 from multi- millionaire, Mike Markkula. Sales took off and are now over 65 billion dollars per year. Apple is one of the largest publicly traded technology companies on the world market by profit and revenue. One contributing factor to the success of the Apple Company was the production of an affordable computer for a greater good in a communist system applying socialist ideas when starting a new business the strong government involvement in the beginnings of the company the free enterprise system in the United States
Transcribed Image Text:Steve Jobs and Steve Wozniak built the first personal and affordable Apple computer in their garage. They did not have enough money to begin their company so they borrowed $250,000 from multi- millionaire, Mike Markkula. Sales took off and are now over 65 billion dollars per year. Apple is one of the largest publicly traded technology companies on the world market by profit and revenue. One contributing factor to the success of the Apple Company was the production of an affordable computer for a greater good in a communist system applying socialist ideas when starting a new business the strong government involvement in the beginnings of the company the free enterprise system in the United States
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Knowledge Booster
Population
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
Economics
ISBN:
9780190931919
Author:
NEWNAN
Publisher:
Oxford University Press
Principles of Economics (12th Edition)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education
SEE MORE TEXTBOOKS