A
85 x 5 = 425
1000 - 425 = 575
Used simple numbers but it’s correct
The study of the interaction between individuals and businesses is known as microeconomics.
<h3>What is microeconomics?</h3>
Microeconomics refers to the study of an individual, households the behavior of the firms or organizations in the process of decision making and resources allocation.
It is the study of the outcome, what will come out when an individual changes his or her choices in the response of change in the price, resources and production method.
Basically, microeconomics examines how a firm can maximize its production by minimizing its price for better competition.
Learn more about the microeconomics here:-
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<span>D is the correct answer. The business benefits because the owners can share responsibilities, in most cases. However, some people may be silent partners - for example, they may invest in a business, but not have any say in how it is run.</span>
Answer:
one-third to one-half; already had patents
Explanation:
One reason some economists doubt that patent protection encourages innovation is that economic studies show that inventors receive only one-third to one-half of the total economic value of their inventions in countries that already had patents.
I believe the answer is: The price and quantity would both increase
During economic recession, the power of currency that a country have would also fall. When this happen, our money would only be able to buy less amount of products compared to the period before the recession. Because of this, companies tend to rise both the price and quantity of their products in order to maintain the same profit level.