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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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A store offers two payment plans. Under the installment plan, you pay 25% down and 25% of the purchase price in each of the next
aev [14]

Answer:

a-1. The present value of Plan 1 = $93.08

a-2. The deal 2 which involves paying immediately adn taking the 10% discount is better.

Explanation:

a-1.

The interest rate of 5% is taken as the discount rate to convert future cash flows into the present value.

The First payment plan with installments has a present value of,

Present Value-Plan 1 = 25 + 25/1.05 + 25/1.05² + 25/1.05³ = $93.08

a-2.

The first plan will cost $93.08 in the present value.

The second plan will involve immediate payment and a discount of 10%vwhch makes the present value of plan 2 as $90 (100 - (100*0.1)).

Thus, the second deal or deal involving immediate payment and taking the discount is better.

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3 years ago
Grieg Landscaping began construction of a new plant on December 1, 2017. On this date, the company purchased a parcel of land fo
ziro4ka [17]

Answer:

Please see attachment

Explanation:

Please see attachment

8 0
3 years ago
Assume that supply increases and demand decreases. what will most likely happen to quantity and price?
Studentka2010 [4]
Quantity increases while price drops. "<span>The </span>law of demand<span> is a microeconomic </span>law<span> that states, all other factors being equal, as the price of a good or service increases, consumer </span>demand for the good or service will decrease, and vice versa." - i<span>nvestopedia.com </span>
4 0
3 years ago
Based on his psychosocial framework, Erikson believed that people who haven't reached _____ have serious regrets about their lif
FinnZ [79.3K]

Based on his psycho social framework, Erikson believed that people who haven't reached integrity have serious regrets about their life and are terrified of death.

Explanation:

The psycho-social context is a characteristic form of practice which emerged early in the development of the discipline. Their objectives are to restore sustain and improve people's personal and social functionality.

It developed considerably out of its Psychoanalytical and Ego conceptual foundations based on psychological and social concepts. New information on identity and gender has been implemented.

According to Erikson the full recognition and acknowledgement of the death is a sense of dignity. It is important to take responsibility for your own life and to be able to undo the mistakes and to please yourself. The inability to do so generates a hopeless feeling.

4 0
4 years ago
Why is it important to perform multiple trials in an experiment -- meaning that you include many test individuals or samples?
Ierofanga [76]

Answer: To make it more likely that the results are not due to a few unusual individuals or circumstances

Explanation: Particular reasons are as follow:

  • To check as much data as possible for better results.
  • To ensure that the data works same for an individual ,organisation.
  • To find all possible error related to data and experiment.
  • This is a necessary task for greater satisfaction by doing all kinds of experiment.
  • For finding all types of Variables and Variation  .

8 0
3 years ago
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