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1 year ago

Self interest helps achieve society's economic goals because

1 answer:

4 0

Self interest helps achieve society's economic goals because it encourages each economic agent to look for maximum benefits at the minimum cost possible

In economics, self-interest is the idea that the best economic benefit for all can usually be accomplished when individuals act in their own self-interest.

Self-interest refers to actions that elicit personal benefit. Adam Smith, the father of modern economics, explains that individuals usually benefit most from acting in their own interests. According to his theory, the Invisible Hand creates goods and services that benefit both producers and consumers when dozens or even thousands act in their own self-interest.

Economies in which goods and services can be freely exchanged are characterized by self-interest and competition. As a result of these forces, good and services supply and demand as well as their value are influenced.

To know more about Self interest check this:

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According to life-span developmentalist Paul Baltes (2003), the benefits conferred by evolutionary selection decrease with age.

Vsevolod [243]

Answer:

natural selection operates primarily on characteristics that are tied to reproductive fitness.

Explanation:

Based on the information provided within the question it can be said that this is due to the fact that natural selection operates primarily on characteristics that are tied to reproductive fitness. In other words natural selection keeps those traits that allow the species to live long enough in order to reproduce but does not weed out many harmful conditions and non-adaptive characteristics if the species reaches reproductive age.

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3 years ago

If it is 03 utc on thursday january 30, what time is it locally in champaign-urbana?.

AlladinOne [14]

Answer:

time zone or time lines

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2 years ago

who argued that age 45 marks the beginning of a period of finding meaning in their life so that they can avoid rigidity and isol

NNADVOKAT [17]

Answer:

Psychologist George Valliant

Explanation:

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2 years ago

Neither raster nor vector is perfectly suited to model all real world phenomena. Identify three strengths and two weaknesses for

anygoal [31]

Answer:

Vector advantages :-

1. Without generalisation, data may be represented at its native format and shape.

2. Because most information is in vector form , e.g. hard copy charts, no data translation is necessary.

3.It maintains exact geographic position of the results.

Vector disadvantages :-

1. You need to specifically store the position of each vertex.

2. Spatial interpretation and filtration is not feasible inside polygons

Raster advantages :-

1. Normally, data analysis is simple to programme and fast to execute due to the simplicity of the digital storage methodology.

2. The underlying design of the raster maps is best suited for statistical simulation and quantitative analysis, e.g. one attribute charts.

3. Discrete data, such as tree ranges, is as well accommodated as continuous data , e.g. altitude data, which enables the convergence of the two data forms.

Raster disadvantages :-

1.The size of the cell specifies the resolution the data are interpreted at.

2. Based on the cell intensity it is extremely difficult to accurately reflect linear features. Therefore network links are hard to create.

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3 years ago

Which of the following is a way politicians in America attempt to influence the media?

ivanzaharov [21]

A is the correct answer.

The 1st Amendment, broadly, prohibits B-D.

Politicians, instead, go on Cable news shows and try to "spin" the stories to get the public to see their side of the issue. They might explain their side and why or they might spit out the party line.

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3 years ago