How do firms operating in the formal economy identify and analyze the parts of the informal economy relevant to their strategies

Business forms strategy to earn profits. Formal economy restricts business from extra ordinary profits and the business activities are regulated by government.

Explanation:

Formal economy focuses on commercial activities that generate government taxes. In informal economy the businesses are not regulated and taxes are not paid. The competition is distorted in the market and business make unfair profits. Informal economy poses a threat to formal economy system.

hi noah!

the first time you break a rule, you get a warning.

if you continue to break rules you get kicked out for a certain amount of time.

so, to answer your question 1.

hope this buddy!

- courtney

a

explanation:

i know