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
irga5000 [103]
2 years ago
11

The invisible hand refers to the Multiple Choice fact that the U.S. tax system redistributes income from rich to poor. fact that

government controls the functioning of the market system. tendency of monopolistic sellers to raise prices above competitive levels. notion that, under competition, decisions motivated by self-interest promote the social interest.
Business
1 answer:
oksian1 [2.3K]2 years ago
8 0

According to the theory of the invisible hand, when there is competition, self-interested decisions advance the society interests.

<h3>What is the invisible hand theory?</h3>

Adam Smith, a Scottish philosopher and economist, popularized the metaphor of the "invisible hand" to describe the processes by which positive social and economic consequences may result from the collective self-interested acts of individuals, none of whom intend to produce such outcomes.

<h3>How is Adam Smith's invisible hand idea still applicable today?</h3>

An important economic idea that is still relevant today is the invisible hand theory. It may provide insight into the operation of free markets and consumer behavior. Although the idea is significant, it is frequently applied in ways that are inconsistent with Smith's original text or out of context.

<h3>What exactly is the "invisible hand" and why is it significant?</h3>

The term "invisible hand" describes how an individual's self-interests help society as a whole. In other words, through pursuing the profit motive, individuals are required to offer commodities at a cost that others are prepared to pay. Society gains as a result since those goods might not have been created otherwise.

learn more about invisible hand theory here

<u>brainly.com/question/3078419</u>

#SPJ4

You might be interested in
Which of the following is a service-based business? (Select the best answer.)
Talja [164]
A house cleaning company 
5 0
4 years ago
According to the box, "Will Strategy Robots Replace Managers?", with robots having the capabilities to do a multitude of busines
musickatia [10]

Answer:

The options for this question are the following:

A. Companies do not want to eliminate all jobs at once.

B. Machines cannot do the jobs of humans, like recommend cancer cures or make banking decisions.

C.  There is a level of reasoning and strategy that only humans have the ability to do.

D. Machines are only useful in manufacturing duties.

The correct answer is C. There is a level of reasoning and strategy that only humans have the ability to do.

Explanation:

There are two variables that limit machines. One is the excessive consumption of energy that some devices require to carry out their activities.

For example, some prototypes that simulate some everyday human tasks, such as walking or doing housework, typically have a battery life of 15-20 minutes.

The second has to do with the costs of incorporating high-end computers that allow robots to recognize spaces and make decisions on the go.

“For a human being it is easy to identify if he is in a room, a room or a hall. Robots need cameras and computers to process that information, "adds Ramírez.

To understand that point, a relationship must be established: a home computer has four cores to process information. However, artifacts of up to 50 cores are needed to perform these space recognition operations in a timely manner, which would increase the cost of robot production.

7 0
3 years ago
Ang Li has found it rather hard to move up in her managerial career at her workplace especially when compared to how fellow grad
aleksklad [387]

Answer: A glass ceiling

Explanation:  

 A glass ceiling is basically refers to the hidden barrier that monitoring the women advancement and also the minority level based on the leadership position, careers and also the discriminate in the workplace.

According to the given scenario, the given situation suggesting about the presence of a glass ceiling in the Li's organization due to the discrimination in the workplace on the basis of achievement an also the high qualification.  

 Therefore, Glass ceiling is the correct answer.  

5 0
3 years ago
Elise Philips, a leading fashion designer, connects with her followers through a strong online presence, promoting her brand and
galben [10]

<u>Answer</u>:

Elise Philips, a leading fashion designer, connects with her followers through a strong online presence, promoting her brand and discussing fashion tips through articles and videos on her personal fan page. In this case, the marketing forms Elise uses is (A) Blog

<u>Explanation</u>:

A word “Blog” etymologically speaking, comes from the combination of 2 words- Web and log.  

Essentially, a blog is an online account or expression of the writer, and is started with people putting their private experiences online but it has now become a very popular means of promotion and is gaining popularity in most urban areas.  

Blog Marketing entails using blogging websites such as Wordpress among others to promote ones’ product to the masses.  

The main advantages of Blog marketing include that firstly, it is easier to manage and economically feasible, secondly, it is an effective tool of marketing, especially amongst millennial, thirdly, it gives a more personalised approach to marketing and lastly, it is a great way to improve one’s Search Engine Optimisation ranking.

6 0
3 years ago
Why is it important to be held accountable for your actions?<br> 3 sentences
marissa [1.9K]
Accountability eliminates the time and effort you spend on distracting activities and other unproductive behavior. When you make people accountable for their actions, you're effectively teaching them to value their work. When done right, accountability can increase your team members' skills and confidence.
7 0
3 years ago
Other questions:
  • Which of the following statements is FALSE? There is no need to evaluate mutual fund investments because investment companies hi
    12·2 answers
  • A building was purchased for $66,500. The asset has an expected useful life of eight years and depreciation expense each year is
    7·1 answer
  • Core Competencies:
    14·1 answer
  • Iron Ore Corp. reported free cash flows for 2008 of $91 million and investment in operating capital of $199 million. Iron Ore li
    11·1 answer
  • Which orientation, as it relates to marketing, maximizes a company's use of economies of scale?
    8·1 answer
  • Jacqueline, a brilliant new ph.d. in economics, has turned down many job offers because she hopes eventually to teach at one of
    8·1 answer
  • According to the law of supply, price and quantity move
    6·2 answers
  • Who do you think will make it to the Super Bowl?
    15·1 answer
  • Read the following excerpt from a health record:
    8·1 answer
  • PLEASE HELP MEE 50 Pts
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!