<span>This would be her frontal lobe. This part of the brain is responsible for higher-order thinking and rational decision-making. Neural network growth is expansive at early ages, with children being able to make decisions for themselves that show signs of being rational and thought-out.</span>
It is true that a perfectly competitive industry faces a horizontal straight line demand curve whereas a monopoly faces a downward sloping demand curve.
<h3>What is competitive market?</h3>
A perfect competitive market has a straight line graph on the demand of goods and services this means that the goods are sold at the market price. Monopoly market price are not regulated hence the curve is not straight.
Therefore, It is true that a perfectly competitive industry faces a horizontal straight line demand curve whereas a monopoly faces a downward sloping demand curve.
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Maritime industry is said to be rigid, they take few risks, they have structured contracts so the type of culture here would be the hierarchy culture.
There are 4 types of business culture. These are the:
- Clan culture
- Adhocracy culture
- Market culture
- The hierarchy culture.
The answer here is concerned with the hierarchy culture because this system is traditionally structured. What this means is that they are rigid and have a set way of doing things.
This is what makes them risk averse. It creates room for very little creativity and and they are very slow to making improvements or following changes in the marketplace.
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Two factors of production that seem to contribute the most to a nation's ability to create wealth are : Entrepreneurship and knowledge.
Germany for example, is not a country that have many resources. But through entrepreneurship and knowledge, they still are one of the world's greatest power
Answer:
yes it does
Explanation:
It's because without capital you can't even start the business, because you wouldn't have the machines or computers and stuff that is needed for your business. So it' used to pay ongoing production of goods and services to make profit form your business