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Social Studies, 09.10.2021 01:50 scottkayce

Scenario: Angelina has always enjoyed repairing cars, and now she wants to start a new auto repair shop. Her new shop will be called Reliable Auto Repair. She hopes to turn her hobby into a new career.

Although she needs to meet several local and state regulations to open her shop, she is free to hire employees or work alone. She can choose to open her shop when she wants as long as she obtains the permits she needs.

Before opening her store, she needs to choose her product and her location carefully. Another auto repair shop, Jayden Auto Repair, is located nearby, and she may not stay in business long if she can't win over customers.

Who owns the means of production in this scenario?

In this scenario, Angelina’s competition is
.

Before Reliable Auto Repair can open its doors, it must meet the regulations created by
.

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