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What are the institutions that help foster the appropriate incentives for economic growth? a) production and export quotas; and supply and demand . b) a dependable legal system, property rights, and competitive and open markets c) communal property rights and absence of a profit-loss system d) regulated labor and credit markets; and unions

Respuesta :

Answer:

Option "B" is the correct answer for the following statement.

Explanation:

A reliable legal system, ownership rights, and profitable and open economies are the organizations that help to foster suitable economic growth incentives.

According to many economists, a company's main objective is to increase profits for its shareholders, and in the context of a listed company, its investors are the shareholders.

  • Specialization may result in efficiencies, as it allows faster growth. Economic theory indicates that concentration favors development.
  • In economic terms, concentration means focusing on one job and not several tasks for productive capacity.

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