One Way the Government Can Restore Competitiveness in a Market

question 81

Multiple Choice

One way the government can restore competitiveness in a market is through

• A) patents.
• B) copyrights.
• C) tariffs.
• D) taxes.
• E) antitrust laws.

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Definitions:

Entrepreneur

An individual who starts and runs a business venture, taking on financial risks in the hopes of profit.

Successful

Achieving desired visions and planned goals, often marked by performance or achievement.

High Self-efficacy

The belief in one's own ability to succeed in specific situations or accomplish a task, which can influence motivation and persistence.

Resourceful

Able to deal skillfully and promptly with new situations, difficulties, etc.