Answer: 1. A - Describe how the individual pursuit of self-interest works to promote the interest of the public as a whole
2. A- Both Adam Smith and Karl Marx believed that humans are motivated by self-interest
Explanation:
1. According to Adam Smith who is known as the father of modern economics stated in his thesis that individual's self-interest and freedom of production as well as consumption is in the best interest of the society as a whole.
Each Individual's free exchange creates signals about which goods and services are valuable. These signals will spontaneously direct competing consumers, producers, distributors, and intermediaries—each pursuing their individual plans— to fulfill the needs and desires of others.
Smith’s invisible hand became one of the primary justifications for an economic system of free market capitalism.
2. Pairing that best describes Adam Smith's view of human motivation in a market economy and Karl Marx's view of human motivation in a communist economy: Both Adam Smith and Karl Marx believed that humans are motivated by self-interest as they both believe that the economy is a capitalist economy that all its good and services are in the hands of private individuals.
Answer:
Decrease; Increase
Explanation:
When there is a decline in the marginal productivity of low skilled workers, it results in a decline or decrease in the demand for low skilled workers. Marginal productivity is the extra output gained from adding one unit of labour. Thus, if low skilled workers are added to increase marginal productivity, but then reaches the point of decline, the demand or the need for those low skilled workers reduces. The reduction or decrease in the demand for these low skilled workers then lead to an increase in number of unemployed workers as those unskilled workers becomes jobless.
Answer:
C. revenues, gains, expenses and losses.
Explanation:
Income statement only reports the Income, Expenses, Gain or losses for the period. Assets, Equities and Liabilities are reported in balance sheet. Income statement only deals with temporary accounts and permanent accounts are dealt in balance sheet, So Revenue, Expenses, gains and losses are temporary account whereas the assets, Equity and liabilities are permanent accounts..
The answer should be B. and they have a picture to tell you what tipe of is it like (health hazard,Flame, exlamation hazard which means irretation to skin narcoticand,ect.) they still have to have a picture and what they are and what type of damage it will do to your body.
Jeremy is experiencing companies with foreign marketing.
What is Foreign marketing?
- An international marketer is a marketing expert who is in charge of global commercial strategies.
- They create and implement business and marketing strategies to promote the services and products of their clients or organizations in diverse worldwide markets.
- The first step in international marketing is identifying the suitable market in which the exporter can sell his goods financially because each market is different and no one person can sell his product in every market around the globe.
<h3>Solution -</h3>
In the given situation Jeremy has developed local distribution and service reps in three foreign markets doing social marketing.
Therefore, Jeremy is experiencing companies with foreign marketing.
Know more about marketing here:
brainly.com/question/25754149
#SPJ4
