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hoa [83]
3 years ago
7

This 18th century economist coined the term "invisible hand," a metaphor representing the natural forces that drive individuals

to succeed economically, which are the same forces that "invisibly" guide a large economy.this 18th century economist coined the term "invisible hand," a metaphor representing the natural forces that drive individuals to succeed economically, which are the same forces that "invisibly" guide a large economy.
Business
1 answer:
ipn [44]3 years ago
8 0
This 18th-century economist is Adam Smith who is hailed the Father of Economics. In his 1776 book  "An Inquiry Into the Nature and Causes of the Wealth of Nations" Smith argues that society benefits in a free economy in which individuals are motivated by their own self-interest which unintentionally benefits society as a whole. Smith's aim using the term moreover was to attack the mercantilist system which was prevalent during his time. 
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A company offering local telecommunications service combines resources with an international company that manufactures digital s
neonofarm [45]

Answer:

A. joint diversification.

Explanation: Diversification by method of Joint Ventures, is a

Good way to diversify when it is

Uneconomical ( not economical from a single partner point of view) and risky to venture into it alone, the Puling power and competency of the two partners would provides more competitive strength and advantage. Foreign partners are needed for this kind of business ventures.

4 0
3 years ago
Read 2 more answers
1. When John received his W2, he received several copies. Why was he sent multiple copies of this form?
Schach [20]
for other payments/expenses that was done during that calendar year. or To either keep the additional ones for his record or other companies sent their that he works for.
4 0
3 years ago
explain why a business that is small enough to be managed by one or a few people and does not require a large amount of capital
koban [17]

A business that is small enough to be run by one or a few people and does not require a large amount of capital would be good for a sole proprietorship.

This type of business structure has less bureaucracy and does not require a lot of formality to be managed, making it an ideal setting for family businesses, such as grocery stores and clothing stores.

Therefore, in a sole proprietorship, the owner is responsible for the risks inherent in the business, with greater freedom and flexibility.

Learn more about sole proprietorship here:

brainly.com/question/4442710

4 0
2 years ago
Two​ countries, A and B​, both are currently in recession. The values of the MPS for A and B are 0.1 and 0.5 respectively. The g
aksik [14]

Answer:

Explanation:

The policy of tax cut will be less effective in country B than in country A since the value of the tax multiplier is lower in country B.

The multiplier effect refers to the increase in final income arising from any new injections.

Calculating the Multiplier Effect for a simple economy

k = 1/MPS

A = 1/0.1 =10

B= 1/.5=2

3 0
4 years ago
Waiting period. Upstate University currently has a 6 comma 000 ​-car parking capacity for​ faculty, staff, and students. This​ y
denpristay [2]

Answer: 5.5 years

Explanation:

The 6,000 parking capacity is the future value of the number of parking passes and the 4,356 is the present value.

Using the future value formula, you can find the number of periods it would take:

Future value = Present value * (1 + rate) ^ n

(1 + rate)^ n = Future value / Present value

n = In (Future value / Present value) / In ( 1 + r)

= In (6,000 / 4,356) / In ( 1 + 6%)

= 5.495 years

= 5.5 years

4 0
3 years ago
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