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Helen [10]
3 years ago
7

The United States economy is considered by the Institute for Management Development to be the most competitive economy because:_

_______
a. of widespread entrepreneurship.
b. of selected restrictions on imports from Japan and Europe.
c. Americans are willing to work harder than anyone else is.
d. of a high saving rate.
Business
1 answer:
ziro4ka [17]3 years ago
8 0

Answer:

a. of widespread entrepreneurship.

Explanation:

According to the Institute for Management Development, a business education school that is situated in Lausanne, Switzerland. In its annual rankings on the performance of 63 economies across the globe. In 2018 rated the United States of America as the topmost economy in competitiveness. Based on various data gathered and surveyed, the education school cited "widespread entrepreneurship" as the major reason behind it.

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Answer: See explanation

Explanation:

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In the question, we're not provided with the annual demand as this is vital in order to know the average daily unit. Therefore, the question is incomplete

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Which one of these equations is an accurate expression of the balance sheet? Assets ≡ Liabilities −Stockholders’ equity Stockhol
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Answer:

Stockholders’ equity ≡ Assets −Liabilities

Explanation:

The Balance Sheet equation is also known as the Accounting equation. It can be written in 3 ways as :

Assets = Equity + Liabilities

or

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2 years ago
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Answer: Option (A) is correct.

Explanation:

Correct Option: Normal profits because economic profits will attract new firms and there are no entry restrictions.

In a monopolistically competitive market, firms will earn an economic profit in the short run, so new firms attracted with these profits and decided to enter into the market in the long run.

There is no barriers on entry and exit of the firms in the monopolistically competitive market. When new firms enters into the market, as a result supply of differentiated products increases.

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At this point, firms earns zero normal profit and can earn normal profits in the long run same as a perfectly competitive firm.

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