1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lady_Fox [76]
3 years ago
15

On what grounds does smith extol the division of labor? can you think of any drawbacks that might result from such a form of lab

or organization?
Business
1 answer:
aleksandrvk [35]3 years ago
5 0
<span>The quote captures Smith's description of the complexity and scope of the division of labor, and its ability to increase the standard of living in a given society. Smith believes that the propensity to truck, barter and exchange is part of human nature, and it is precisely this capacity that best organizes the economic system in large scale societies. The cooperation of the many thousands, inspired by each person's self interest, is what allows for the economic system to flourish, spreading opulence and raising the overall quality of life. Since observations on the progress inspired by the division of labor begin the book, Smith uses the contemplation of simple items (pins, for instance) as a starting point for his theorizing on the organization of economics in general.</span>
You might be interested in
The Wall Street Journal reported the following spot and forward rates for the Swiss franc ($/SF):Spot...........................
Gnoma [55]

Answer:

The Wall Street Journal Reports

a. The Swiss franc was selling at a premium in the forward market.

b. The 30-day forward premium was: $0.0049.

c. The 90-day forward premium was: $0.0099.

d. Dollars to receive from a 90-day forward contract is $95,310.

Explanation:

a) Data and Calculations:

Spot and forward rates for the Swiss franc ($/SF):

Spot............................................ $0.9432

30-day forward.......................... $0.9481

90-day forward.......................... $0.9531

180-day forward........................ $0.9594

Premium:

30-day forward.......................... $0.9481

Spot............................................   $0.9432

Premium =                             $0.0049

90-day forward.......................... $0.9531

Spot............................................   $0.9432

Premium =                             $0.0099

180-day forward........................ $0.9594

Spot............................................    $0.9432

Premium =                               $0.0162

Dollars to receive from a 90-day forward contract is $95,310 ($0.9531 * SF 100,000)

6 0
3 years ago
Tickets to a concert are $35 each. In addition to the cost for the tickets ordered, there is a $15 processing charge per order.
Vesnalui [34]

Answer:

Explanation:

Let the cost of an order = C

Let the number of tickets inside that order = n

Let there be a 15 dollar service charge per order.

================

C = 35*n + 15

5 0
2 years ago
When reviewing Form 13614-C, you see the "Interest" question is marked "Yes" and the taxpayer gives you a Form 1099-INT. You sho
Olenka [21]

Answer:

True

Explanation:

yes it is true that you should ask the taxpayer if they had any other interest income to avoid double taxation elsewhere

7 0
3 years ago
According to naoroji, what benefits has india received as a result of british rule? check all that apply. understanding of india
Zarrin [17]
The two correct options are:
peace, stability, and order.
new technologies and infrastructure. 

4 0
2 years ago
Read 2 more answers
Choose the term that best matches the description given.
givi [52]

People often visits tourist attraction sites.  That there has been an increase in ecotourism, which is tourism to exotic, often threatened natural environments refers to <u>ecological </u>factors.

<h3>What influences tourism?</h3>

Ecotourism is known to be a new trend in the tourism industry. A factor analysis was done and five environmental factors were known to have a negative impact on tourists experience. They include;

  • Pollution
  • Tourism product offering
  • Park violation,
  • Environmental management
  • Tourism impacts.

Learn more about Tourism from

brainly.com/question/5501800

6 0
2 years ago
Other questions:
  • Brand managers know that increasing promotional budgets eventually result in diminishing returns. The first one million dollars
    5·1 answer
  • Patricia hires Albert to sell Patricia's expensive sports car. Albert agrees on a sale with Zeke, who wants to purchase the car
    9·2 answers
  • When people engage in activities that help others, their brain releases endorphins, the brain’s natural opiates, which induce in
    5·1 answer
  • Money is to food as ________ is to ________.
    11·1 answer
  • Edwards Auto Body uses a job order cost system. Overhead is applied to jobs on the basis of direct labor hours. During the curre
    5·1 answer
  • Cleopatra delivered a forged instrument to Julius Caesar for some goods she had purchased. Cleopatra has committed the crime of:
    5·1 answer
  • __________ refer to the tendency to overestimate the influence of personality factors when interpreting the actions of people
    5·1 answer
  • The Wall Street Journal reported that automobile crashes cost the United States $162 billion annually (The Wall Street Journal,
    5·1 answer
  • g During Year 2, the company experienced the following events: Purchased inventory that cost $5,200 on account from Ross Company
    11·1 answer
  • Askew Enterprises produces a product with fixed costs of $200,000 and variable cost of $9 per unit. The company desires to earn
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!