Labor is perceived as a factor of production that deals with or is associated with the human workforce and human...Become a member and unlock all Study Answers Try it risk-free for 30 days Try it risk-free Ask a question Our ex...
Not quite, let us explain. The failure rates of businesses show that around 20% fail in their first year and about half of businesses are still standing after 5 years. Certain startups, however, tend to have a 90% failure rate and somehow, this statistic became the norm. 3.90% of disr...