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SOVA2 [1]
2 years ago
6

The invisible hand concept suggests that Multiple Choice market failures imply the need for a national economic plan. big busine

sses are inherently more efficient than small businesses. assuming competition, private and public interests will coincide. the competitiveness of a capitalistic market economy invariably diminishes over time.
Business
1 answer:
Mademuasel [1]2 years ago
7 0

The invisible hand concept says that assuming competition, private and public interests will coincide.

<h3>What does the invisible hand concept call for?</h3>

It believes that in order for a society to be well off, there has to be competition between firms.

This competition would lead to increased production which will take care of the country better. This would coincide with the public interest of taking care of citizens.

Find out more on the invisible hand theory at brainly.com/question/3078419.

#SPJ12

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A assessment may alter the content of a sales pitch.<br><br> True<br> False
Rudiy27
The answer is true

This is because a assessment is a process of determining needs, and or gaps between conditions. And a sales pitch is a sales presentation where a salesperson explains the benefits of their business.

Knowing all of this information, a needs assessment can alter the content of a sales pitch.
4 0
3 years ago
An appliance manufacturer gives a warranty, and 95 percent of its appliances do not require repair before the warranty expires.
pentagon [3]

<u>Answer:</u>

<em>An</em><em> appliance manufacturer</em><em> gives a warranty, and 95 percent of its appliances do not require repair before the warranty expires. An </em><em>organization buys</em><em> 10 of these appliances. The interval that contains 95.44 percent of all the appliances that will not require repair is (8.12, 10.88)</em>

<u>Explanation:</u>

Here we can calculate the confidence<em> interval for a proportion </em>of 0.95 and a sample size of 10. Note that the critical value for 95.44% confidence is 1.9991.

Between 81.22% and 108.78% of 10 units is 8.12 and 10.88 units. Therefore the <em>confidence interval is:(8.12, 10.88).</em>

4 0
4 years ago
Calculating the Times Interest Earned RatioIn the current year, Pringle Company reported Sales of $1,420,000, Interest Expense o
valina [46]

Answer:

Times interest earned ratio = Net operating income/Interest expense

                                             = $551,000/$512,000

                                             = 1.08 times

Explanation:

Times interest earned is the ratio of net operating income to interest income. Net operating income = $551,000 and interest expense = $512,000. The division of net operating income by interest expense gives times interest earned ratio.

4 0
3 years ago
Prices for airline tickets change on average about once per month. This would suggest that airline ticket prices are
DENIUS [597]

Answer:

relatively flexible

Explanation:

Flexible pricing is when there is room for negotiation of prices of a product between the buyers and sellers.

So the price is prone to change in short amount of time.

Sticky price on the other hand tends to be non negotiable and the does not change over time.in the given scenario prices for airline tickets change on average about once per month.

So there is constant change of the price every month. Meaning the buyer can convince the seller to change his offering price.

The price is relatively flexible

8 0
3 years ago
In which situation would a savings bond be the best investment to earn interest?
Sergeeva-Olga [200]
If you have a large amount of money to save at one time, a savings bond would be the best investment to earn interest.  If you do not need the money right away, a savings bond will allow you to earn interest at a faster rate. Since savings bonds are longer-term investments, the other options would not fit the purpose as much due to needing the funds at a quicker rate. If you were to put the money directly into a savings account over a bond, you have easier access to the funds; however, the interest is very small in comparison.

 

8 0
4 years ago
Read 2 more answers
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