1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
agasfer [191]
2 years ago
10

Which best describes the idea behind the "invisible hand"? producers decide what to make for consumers, which guides the economy

. individuals seeking their own self interest benefit the economy as a whole. government sets policy for producers and consumers, which guides the economy. consumers decide what they need and want to buy, which guides the economy.
Business
1 answer:
Bumek [7]2 years ago
5 0

The invisible hand is the phrase initiated by Adam Smith as the economic theory. The idea behind the invisible hand has been the development of the policy by the government guiding the economy.

<h3>Who was Adam Smith?</h3>

Adam Smith was the Scottish economist of the eighteenth century. In his book,  "The Wealth of Nations" he introduced the phrase the invisible hand.

The idea has been the development of the policies by the government as the invisible hand for the producers and the consumers that made the guide to the economy.

Learn more about the invisible hand, here:

brainly.com/question/3078419

You might be interested in
Floyd owns a chain of diners. He prefers to recruit employees from different ethnic and cultural backgrounds. When he hires new
zlopas [31]

Answer:

B) awareness training

Explanation:

In this scenario, based on all that Floyd is doing seems as though he is using awareness training on his employees. This is a training technique used to train employees on cultural and ethnic diversity as well as what is appropriate and inappropriate when dealing with different cultures. Like mentioned in the question this also encourages employees to think outside the box and question stereotypes.

8 0
2 years ago
What should be considered when developing a sample design
Fudgin [204]
Such considerations include understanding of:
the reasons for and objectives of sampling.
the relationship between accuracy and precision.
the reliability of estimates with varying sample size.
the determination of safe sample sizes for surveys.
the variability of data.

4 0
2 years ago
Anyone know the answer to this?
Ipatiy [6.2K]

Answer:

rework hope this helps :)

Explanation:

5 0
3 years ago
On October 10, the stockholders’ equity of Sherman Systems appears as follows. Common stock–$10 par value, 74,000 shares authori
uysha [10]

Answer:

1,                            Journal entries

Date    Account and explanation         Debi$       Credit$

          Treasury stock (5200*27)          140,400

           Cash                                                              140,400

           (To record purchase treasury stock)

            Cash (1,050*33)                           34,650  

            Paid in capital from sale of treasury stock    6,300

            Treasury stock (1,050*27)                               28,350

             (To record sale of treasury stock)  

              Cash (4,150*22)                             91,300

              Paid in capital from sale of            6,300

              treasury stock  

              Retained earnings                         14,450

              Treasury stock (4,150*27)                                112,050

              (To record sale of treasury stock)  

2.  Revised equity section

<u>Contributed capital</u>

Common Stock                             740,000

Paid in capital in excess of           <u>226,000</u>

par value-Common Stock

Total paid in capital                        966,000

Retained earnings                         <u> 880,000</u>

Total                                                1,846,000

Less: Treasury stock                      <u>(140,400)</u>

Total Stockholder's equity            $<u>1,705,600</u>

5 0
2 years ago
File:///C:/Users/DAVIS/Downloads/560bfbbee4b07d4dde92ebf8-airforce2be-1443626318200-aaf2l_project2_wr%20(1).pdf
kodGreya [7K]
JEBBERZ that link isn't even clickable
3 0
3 years ago
Other questions:
  • Hilary was put on a new team by her manager. Ever since she shifted teams, Hilary has felt energized and motivated toward higher
    5·1 answer
  • The management of duker corporation is investigating purchasing equipment that would increase sales revenues by $130,000 per yea
    10·1 answer
  • What motivates high school students to join professional organizations?
    11·1 answer
  • Taylor loves the lifestyle associated with being a salesperson, allowing her to take a day off during the week and make it up on
    6·1 answer
  • When no-par stock is issued, the entire proceeds are credited to Capital Stock and this amount is viewed as legal capital not su
    6·1 answer
  • Approximately what percentage of total health care spending goes toward hospital care?
    14·1 answer
  • Exercise 19-9 Income statement under absorption costing and variable costing LO P1, P2 IThe following information applies to the
    14·1 answer
  • How do u make friends
    7·2 answers
  • Last year Kruse Corp had $410,000 of assets (which is equal to its total invested capital), $403,000 of sales, $28,250 of net in
    6·1 answer
  • SINGAPORE - Singtel will be implementing a wage freeze across the company, this year - except for operational and support staff
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!