Adam Smith's invisible hand theory is the concept that in a market where people are free to buy and sell as they please, buyers will buy goods that sellers offer at prices that work for all parties.
Answer:
the gourmet food that he was fed was poorly prepared
Explanation:
Shopkeeper's priviledge is the law that allows United States shop owners detain people that shoplifted from their shop.
They must have proof that the person did the crime and also are only able to hold him for a reasonable time.
In the given scenario the shop owner catches Ed red-handed in the act of shoplifting. He and an employee gently restrain Ed in the back room, feeding him gourmet food and wine until the local sheriff finally shows up three days later.
Ed can win a tort of false imprisonment if the gourmet food that he was fed was poorly prepared.
There must be proper care given while the suspect is being detained. Being fed poorly prepared food means he was detained under conditions that could be detrimental to his health
option C to persuade, just took the test
Households would provide factors of production to firms.
- The circular flow demonstrates the movement of money in the economy.
- The two-sector model of circular flow comprises households and firms.
- Money first flows from producers to households in return for production services in the form of wages.
- Finally, return to producers back in the form of payment for the purchase or expenditure made by households.
<h2>What do you mean by circular flow of money?</h2>
- The circular flow model demonstrates how money moves through society.
- Money flows from producers to workers as wages and flows back to producers as payment for products.
- In short, an economy is an endless circular flow of money.
<h2>What are the two types of circular flow?</h2>
There are two types of circular flow:
- Real flow: The term real flow means the flow of factor services from households to firms.
- Similarly, the flow of goods and services from firms to households.
- Money flow: The money flow refers to the flow of factor payments from firms to households for factor services.
Learn more about the circular flow of money here:
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Explanation:
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