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Which form of business organization is characterized by having the shortest start-up time and lowest legal costs?
Discrimination
The practice of according individuals or groups inferior treatment in hiring, occupational access, education and training, promotion, wage rates, or working conditions even though they have the same abilities, education, skills, and work experience as other workers.
Labor Force
The total number of people employed or actively seeking employment in an economy or specific labor market.
Competitive Economy
An economic system where businesses operate in a free market, with minimal barriers to entry and where prices are determined by supply and demand.
Demand Curves
Graphs that show the relationship between the price of a good and the quantity demanded by consumers at those prices.
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