Answer: Experienced but unemployed people
Explanation: In times of economic slowdown such as a recession, the rate of employment goes up. Many qualified workers seeking employment will not be hired. Experienced workers lose their jobs as a result of a decline in production.
The experienced worker who fails in securing new jobs ends up starting their businesses. These experienced workers already have knowledge on how to run a business, and would probably have some saving. With their qualification and experience, managing a new business is not very challenging for them.
The 2008 financial crises resulted in the establishment of many new startup businesses.
Non-price competition in a monopolistic-ally competitive market is Andy experiencing
Explanation:
The profitability of non-prices applies to the attempts of a dominant corporation to raise its sales and profits by variating goods and production rates instead of lowering the product prices.
Either by modifying the physical attributes or through changes to advertising schemes, a dominant rival may always change his goods.
Varying inventory and distribution prices reduce the company's demand curve and increase production costs.
As a consequence, there will also be a change in the amount of income the organization will gain from extracting the volume of the commodity that equates the MR to MC.
Answer:
Private property always assumes the role of government, even if it is just a minimal role in which it serves to regulate markets and the exchange of property. ... These are called common property resources which are collectively owned or shared.
Answer:
The correct answer is enterprise zone.
Explanation:
A business park or office park is an area of land where several office buildings are grouped. All work done is commercial, not industrial or residential. These are popular in suburban or non-central areas of the city, where development is cheaper due to low land costs and lower construction costs for construction in general or not necessarily higher. They are often near highways or main roads.
