Business, 28.11.2019 04:31 Whitehouse9
An institution is a significant practice, relationship, or organization in a society. institutions shape the environment in which decisions are made, and they affect production and income in a nation. the most significant institutions are private property rights, political stability and the rule of law, open and competitive markets, efficient taxes, and stable money and stable prices. complete each of the following sentences with the correct institution.
a. the single greatest incentive for voluntary production is the existence of .
b. investment in physical and human capital because they increase the predictability of future payoffs.
c. specialization is more likely to occur in nations in more efficient production because of economies of scale.
d. the xiaogang agreement that led to an agricultural boom in china is an example of the power of
Answers: 2
Business, 22.06.2019 14:40
Which of the following would classify as a general education requirement
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Business, 22.06.2019 23:00
The era of venture capitalists doling out large sums of money to startups is a. just beginning b. on the rise c. over d. fading
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Business, 23.06.2019 02:10
Which of the following describes a situation in which there would be decreasing marginal utility? a. buying only necessities. b. buying a car to substitute for riding the bus. c. buying food in bulk to save money in the long run. d. buying a second winter coat.
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Business, 23.06.2019 02:40
Peter, the marketing manager of a company that manufactures church furniture, has been given the job of increasing corporate profits by five percent during the upcoming year. peter decided to give his assistant the full responsibility and authority for developing a mailing campaign to target churches in an entire state. in other words, peter has
Answers: 1
An institution is a significant practice, relationship, or organization in a society. institutions s...
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