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yanalaym [24]
1 year ago
7

The level of entrepreneurial activity in a nation is __________ the nation's level of economic productivity.

Business
1 answer:
maria [59]1 year ago
4 0

The level of entrepreneurial activity in a nation is positively related to the nation's level of economic productivity.

<h3>What is economic productivity?</h3>

Productivity is the proficiency of creation of labor and products communicated by some action.

Estimations of economic productivity are many times communicated as a proportion of a total result to a solitary info or a total info utilized in a creation cycle There are various meanings of productivity (counting those that are not characterized as proportions of result to include) and the decision among them relies upon the reason for the productivity estimation as well as information accessibility.

Productivity is a pivotal consider the creation execution of firms and countries. Expanding public productivity can increase living expectations since all the more genuine pay works on individuals' capacity to buy labor and products.

Therefore economic productivity maintain the level of entrepreneurial activity.

Learn more about economy here:

brainly.com/question/2421251

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<span>The four characteristics used to classify retail stores are: the type of merchandise sold; the variety and assortment of merchandise sold; the level of customer service; the price of the merchandise. For example, we know that Whole Foods and Aldi are both grocery stores. However, Whole Foods provides different types of merchandise and provides a different level of customer service, as they focus on organic and healthy foods and their employees bag groceries. Aldi, on the other hand, focuses on cheaper foods without much heed to organic or health materials, and they do not bag groceries.</span>
6 0
3 years ago
when the forces of supply and demand lead to an inefficient outcome the economic surplus is maximized. economists call this a ma
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a. When the forces of supply and demand lead to an inefficient outcome: economists call this a market failure.

<h3>What is meant by market failure?</h3>

This is the term that has to do with the state where the market that is an economy can be said to not be working.

b. The question in this category needs us to be able to fill in the details from the question into the empty boxes. Therefore:

For the efficient box

  • a market in which economic surplus is maximized

For the inefficient box:

  • a market transaction in which buyers or sellers behave irrationally
  • a market transaction in which one party has information not available to other party
  • a market dominated by few powerful businesses
  • a market in which government regulation creates distortions

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brainly.com/question/26506407

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3 0
1 year ago
Maria, age 28, wants to pay no more than $300 a year in life insurance. What is the face value of the largest 20-year term polic
VMariaS [17]

Answer:

Explanation:

Net Cost of Life Insurance Premium : Life insurance policy entails Premium to be paid by the insured at a monthly / quarterly interval. insured often gets dividend from the insurance company and in that case, the net cost of premium will be low

The 20 years premium can be calculated with Annual Premium which is not given in the question, therefore i will solve for all the option but please pick the answer that the Annual premium is with you

a)   20 years premium = Annual Premium x Number of years

                                     = 11700 x 20

                                    = 234,000

b)   20 years premium = Annual Premium x Number of years

                                     = 7900 x 20

                                    = 158,000

c)  20 years premium = Annual Premium x Number of years

                                     = 550 x 20

                                    = 11,000

d)  20 years premium = Annual Premium x Number of years

                                     = 28350 x 20

                                    = 567,000

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3 years ago
What is the name of the law that states that as we shift factors of production from making one good or service to another, the c
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I did some research and found out it is the law of increasing costs
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Answer: hyperlinks

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