Using your economic knowledge and the information you learned about bill gates , compose a well-written three-paragraph biography about bill gates that illustrates the importance of the US market-based economy in the entrepreneur’s success. Need asa

Apopular low-cost airline, parson corp., has gone out of business. although the service and price provided by the airline was what customers wanted, the larger airlines were able to drive the low-cost airline out of business through an aggressive price war. which component of the competitive environment does this illustrate? a) threat of new entrants b)competitors c) economic factors d) customers d) regulators