For each of the following scenarios involving the U.S. government, determine the primary function of government that is being served. An entrepreneur incorporates a new business in the state of Delaware so that the firm can enter into a lease to use a factory and purchase raw materials.   Maintaining competition   Reallocating resources   Promoting stability   Enforcing contracts

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter1: Introduction And Goals Of The Firm
Section: Chapter Questions
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For each of the following scenarios involving the U.S. government, determine the primary function of government that is being served.

An entrepreneur incorporates a new business in the state of Delaware so that the firm can enter into a lease to use a factory and purchase raw materials.
 
Maintaining competition
 
Reallocating resources
 
Promoting stability
 
Enforcing contracts
An entrepreneur incorporates a new business in the state of Delaware so that the firm can enter into a lease to use a factory and
purchase raw materials.
Maintaining competition
Reallocating resources
Promoting stability
O Enforcing contracts
Transcribed Image Text:An entrepreneur incorporates a new business in the state of Delaware so that the firm can enter into a lease to use a factory and purchase raw materials. Maintaining competition Reallocating resources Promoting stability O Enforcing contracts
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