Lower costs to allow for more money for research and development is an example of how which type of entity benefits the economy?

(1 point)
Responses

stock market

stock market

oligopoly

oligopoly

monopoly

monopoly

bank

None of the options provided accurately represent how an entity would benefit the economy by lowering costs to allocate more funds for research and development. However, a possible correct answer could be a corporation or business entity.

not an answer

Apologies for the confusion. The correct answer is a corporation or a business entity. By lowering costs, a corporation can allocate more money towards research and development, leading to innovation and the creation of new products or services. This can drive economic growth and increase productivity in the long run.