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2 years ago

The ""invisible hand"" works to promote general well-being in the economy primarily through:.

1 answer:

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The "invisible hand" works to promote general well-being in the economy primarily through people's pursuit of self-interest. therefore, Option A is the correct statement.

<h3>How does the Invisible Hand work?</h3>

The invisible hand is a part of laissez-faire, which means the "let do/permit go," method in the marketplace. In different words, the method holds that the marketplace will discover equilibrium without authorities or different interventions forcing it into unnatural patterns.

The complete information about the question is given below:

a. people's pursuit of self-interest.

b. the political process.

c. government intervention.

d. altruism.

therefore, The "invisible hand" works to promote general well-being in the economy primarily through people's pursuit of self-interest. Option A is the correct statement.

Learn more about "invisible hand":

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g On January 1, 2020, Marigold Company issued 10-year, $1,890,000 face value, 6% bonds, at par. Each $1,000 bond is convertible

Yanka [14]

Answer:

$3.78

Explanation:

The First step is to calculate basic earning per share then making the adjustments to the basic earning per share to arrive to a diluted earning per share.

Basic Earning per Share = Earnings Attributable to Holders of Common Stock / Weighted Average Number of Common Stock Holders.

Earnings Attributable to Holders of Common Stock Calculation :

Net Income $470,000

Less Bond Interest ($1,890,000×6%×80%) ($90,720)

Earnings Attributable to Holders of Common Stock $379,280

Weighted Average Number of Common Stock Holders Calculation :

Outstanding Common Shares 94,000

Weighted Average Number of Common Stock Holders 94,000

Basic Earning per Share = $379,280 / 94,000 = $4.03

Diluted Earnings per Share = Adjusted Earnings Attributable to Holders of Common Stock / Adjusted Weighted Average Number of Common Stock Holders.

Adjusted Earnings Attributable to Holders of Common Stock Calculation :

Earnings Attributable to Holders of Common Stock $379,280

Add Back Bond Interest ($1,890,000×6%×80%) $90,720

Adjusted Earnings Attributable to Holders of Common Stock $470,000

Adjusted Weighted Average Number of Common Stock Holders.

Outstanding Common Shares 94,000

Add Convertible Bonds ($1,890,000/$1,000×16) 30,240

Adjusted Weighted Average Number of Common Stock Holders 124,240

Diluted Earnings per Share = $470,000 / 124,240 = $3.78

6 0

3 years ago

Dion has an auto repair business for high-end cars like a Porsche or Ferrari. He wants to market his services to Porsche, BMW, a

lozanna [386]

Answer:

d. classify firms according to their number of customers

Explanation:

Since Dion wants to market his services to these car firms, he should consult for data that can be used to classify firms according to the customers that they have.

It has been stated clearly that people have to drive to Lubbock dallas, or Austin to get their cars serviced, so the firms can beclassified according to the number of customers.

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3 years ago

Irma does not agree with the standard operating procedures adapted for the new project. However, she discusses the items with th

xxMikexx [17]

Answer:

Accommodating

Explanation:

Accommodating is the term in business which means resolving the conflict through placing the concern of the others above of its own at the workplace.

For example, if the person is not agreeing to a point where all the other members of the team are agreeing on that, so accommodating is the kind of intention, which make the business successful by making that person agreeing on that.

So, in this case, Irma is not agreed with the procedure of operating for the new project. Therefore, in order to make the new operations smooth, Irma needs to accommodate himself.

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3 years ago

Suppose the demand equation is: Upper Q equals 80 minus 0.25 p. What is the price elasticity of demand if the price is $40 per

mariarad [96]

Answer:

The price elasticity of demand is -0.25

Explanation:

The demand equation is given by:

Q = 80 - 0.25p

The price elasticity of demand is the same as the rate of change of Q (Quantity demanded) with respect to p (price).

The rate of change of Q with respect to p is obtained by differentiating Q with respect to p

Q = 8 - 0.25p

dQ/dp = -0.25

Therefore, price elasticity of demand = -0.25

7 0

3 years ago

Dextra Computing sells merchandise for $6,000 cash on September 30 (cost of merchandise is $3,900). Dextra collects 5% sales tax

oee [108]

Answer:

Date General Ledger Dr. Cr.

1. September 30 Cash $6,300

Sales Tax Payable $300

Sales $6,000

2. September 30 Cost of Goods Sold $3,900

Merchandise Inventory $3,900

3. October 15 Sales Tax Payable $300

Cash $300

Explanation:

Sales Tax is subject to the price of merchandise. Sales tax is collected by the business on the taxable supplies on the behalf of government and paid to the government.

Sales tax amount = 6,000 x 5% = $300

Cost of Merchandise is recorded as cost of goods sold and deducted from the merchandise inventory.

6 0

3 years ago