A cartel or monopoly causes business firms to combine to prevent competition.
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they combine with experience to produce human capital
The characteristics of a market economy and command economy combine to form a mixed economy. It incorporates elements of both socialism and capitalism. In a mixed economy, state- owned enterprises and privately owned enterprises co-exist. The economic activities in such an economic system are controlled neither by the business entities that comprise market forces nor by the government. In a mixed economy, both of these come together and ensure economic development.
Mixed economic systems combine elements of market and command economies. It is currently the most common economic system.
Business production factors, also known as factors of production, are the resources used to create goods and services. They typically include land (natural resources), labor (human effort), capital (machinery, tools, and buildings), and entrepreneurship (the initiative to combine the other factors to produce goods). These factors are essential for businesses to operate and generate economic output. Efficient management of these resources is crucial for maximizing productivity and profitability.
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Yes efficiency function. The Sherman Act meant that agreements "in restraint of trade" were illegal.
Efficiency
Efficiency
A trust.
reduce competition and regulate prices.
relation and function are number that combine with number and neqative number to .
to combine business with pleasure
Business Model
tissues combine to form an organ. few organs combine to form an organ system.few organ systems combine to form an organism.....
the functions are all even
when a number of business undertakings combine together for enjoying some benefits, a business combination forms. The contituent units come into an agreement for fixing up the terms and conditions.