The price of an item can rise or fall
Answer:
The correct answer is: a new law that interferes with economic efficiency.
Explanation:
A production possibilities frontier shows all the points where production is efficient. The resources are being completely employed. The points above the frontier are unattainable. The points below the frontier are attainable but inefficient.
If there is a movement from the frontier to a point below it. This means inefficient allocation of resources. It can happen because of some law interfering in efficient allocation of resources.
Answer:
D. A limited liability company because he will only be liable for what he has invested in the business. His personal assets will be protected, and he can be taxed like a sole proprietorship.
The diffusion of digital technologies into nearly every workplace, remaking the economy and the world of work is referred to as digitalization.
Digitalization refers to the use of digital technologies in order to change a business model and provide new revenue and value-producing opportunities. Digitalization may be viewed as a technology which affects the main economic aggregates in the economy.
In recent decades, the diffusion of digital technology into nearly every business and workplace has been remaking the economy and the world work more effectively.
Hence, the digitalization of everything has increased the potential of individuals, firms, and society to a great extent.
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