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choli [55]
4 years ago
11

Mark is an excellent cook. He does not have any formal training but learned to cook by following the recipes of several famous c

hefs and his mom. Every weekend, he invites friends over for dinner so he can try new dishes and get honest feedback from his friends. Mark wants to start his own restaurant someday because he thinks he would be successful and become wealthy. Which of Adam Smith’s ideas made Mark think of starting a restaurant?
a) invisible hand
b) self-interest
c) competition
d) laissez-faire
Business
2 answers:
soldi70 [24.7K]4 years ago
8 0

Answer:

d.) laissez-faire

Explanation:

Laissez-faire is one of Adam Smith's ideas which made Mark think of starting a restaurant because the business is free from government intervention. Also because Mark would be the sole owner of the business.

juin [17]4 years ago
6 0

Answer:

Self-interest

Explanation:

This is 100% the right answer because I got this question on a test and this was correct.

~Please mark me brainliest :)

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The function f(x) = 2,000(1 + )12t models the balance in a savings account.
Naddika [18.5K]
? wat class this for
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3 years ago
Read 2 more answers
A company recently lowered its service performance from 99 percent product availability to 97 percent product availability. The
Degger [83]

Answer:

less than $1 million.

Explanation:

According to my research, I can say that based on the information provided within the question this next change is likely to save less than $1 million. We can predict this since the first change saved $1 million but was a reduction of 3%, the second change is a reduction of 2% so it will most likely not reach 1$ million in savings  

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

7 0
4 years ago
Geese Company utilizes the dollar-value LIFO retail inventory method. Its cost-to-retail percentage is 60% based on beginning in
Alinara [238K]

Answer:

$227,272

Explanation:

Ending inventory at base-year retail prices =

Ending inventory at current-year retail prices

÷The current-year price index

Ending inventory at current-year retail prices $250,000

The current-year price index 1.10

Hence:

$250,000÷1.10

=$227,272

6 0
4 years ago
The major components of a time series are all of the following EXCEPT: trend. cycles. random variations. seasonality. inflation.
seraphim [82]

Answer: Inflation

Explanation:

Time series data are refer to those taken over a period of years with a minimum of four years being satisfactory. The data shown will have variations that fall under four major components being;

  • Trend - Data that moves in a predictable fashion and so can be used to predict future behavior.
  • Cycles - The variation here follows the business cycle or its own.
  • Random Variables - Cannot be predicted.
  • Seasonal - These follow a chronological pattern.

Only Inflation does not fall here.

5 0
3 years ago
Sol purchased land as an investment on January 12, 2011 for $85,000. On January 31, 2017, Sol sold the land for $30,000 cash. In
kvv77 [185]

Answer:

$15,000

Explanation:

Realized gain is the profit that is exceeded from the expense for a particular years. Realized loss is the loss that resulted from the excessive expense.

To determine the net realizable gain or loss, we can use the following formula -

Realizable Gain (loss) = Sale amount of tangible assets + mortgage purchasing - purchase price

Given,

Sale amount of tangible assets = $30,000

purchase price = $85,000

mortgage purchasing = $70,000

Putting the value into the formula, we can get-

Realizable Gain (loss) = $30,000 - $70,000 - $85,000

Therefore, Realizable Gain (loss) = $15,000

7 0
3 years ago
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