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Most economists are concerned about entry barriers.Why is this so important to them?
Model Business Corporation Act (MBCA)
A set of model laws prepared by the American Bar Association to provide a standard for the incorporation and operation of corporations in the United States.
Joint Ventures
Business agreements between two or more entities to undertake a specific project or business activity together.
Retains
From a legal perspective, it refers to keeping possession or continuing to have an attribute, quality, or condition.
Business Activity
Any effort made by people or businesses related to the creation, distribution, or trading of products and services.
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