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What led to the passage of minimum wage laws in the United States? Use the paperclip button below to attach files. X U The number of producers can cause shifts in supply. Explain what happens when the number of producers changes Use the paperclip button below to attach files. BIU 22 What type of market runs most efficiently when one large firm provides all the output? O Natural monopoly General market Government market O Perfectly competitive Competition is missing when a monopoly exists. With this in mind, explain what happens to the price of a product in a monopoly. Use the paperclip button below to attach files. BIU How are partnerships formed? O By filing paperwork through state government By filing paperwork through federal government By filing paperwork through local government O By creating a webpage In a limited partnership, the partners who contribute only money have full financial liability for the business O True False Explain what the following statement means for the operation of a corporation: "A corporation is a legal entity, just like a person." Use the paperclip button below to attach files. BIU Which one of the following is not a reason MNCs relocate to other countries? O To lower production costs O To enter a foreign market O To pay taxes To avoid tariffs How does the government protect natural resources? O Encourage hunting of endangered species O By limiting mining O Paying companies to use the natural resources O Non-regulation The health of bald eagles is in jeopardy. What could the Environmental Protection Agency do as a response? Use the paperclip button below to attach files X BIU 52 Why would the central bank be interested in changing the lending rate? Use the paperclip button below to attach files. BIU