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Vanyuwa [196]
3 years ago
15

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? invisible hand
self-interest
competition
laissez-faire
Business
2 answers:
leva [86]3 years ago
4 0
Self-interest of course! Though you gave us no clue as to who is Adam... You can tell it's mostly self-interest due to the fact that he hasn't taken any class or anything on it. Looks to me that he genuinely just loves cooking!
QveST [7]3 years ago
3 0

Answer:

<u>Self-interest.</u>

Explanation:

Self-interest can be described as the set of actions that will help an individual achieve certain benefits.

For Adam Smith, when people act in their own personal interests, the greatest economic benefit is achieved, that is, self-interest and competition are the two major motivating forces capable of shaping economic activity, for individuals and companies possess the increased resources available such as labor and capital to achieve benefits from market activities to satisfy self-interest and thus boost supply and demand for goods and services.

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Competitors and supply chain is an element of economic forces.

<h3>What are economic forces?</h3>

Economic forces are those factors that assist a firm in terms of its competitiveness in the environment it operates.

Here, economic forces have a direct impact on business and are essential factors that can help an organization in accomplishing its targets.

Learn more about economic forces here: brainly.com/question/13721949

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4 0
2 years ago
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Answer:

A) Consider sending a printed message.

Explanation:

According to the scenario, the most sensible step to get an important response from a supplier after the supplier has not responded would be to send a printed message.

This option would be ideal among the other alternatives above, as it demonstrates that you understand that the supplier may not have seen or been aware of your question, even if numerous e-mails have already been sent, and still awaits an answer , in accordance with professional and ethical communication standards.

8 0
2 years ago
If you are including a copy of your résumé with your cover letter, you should type _____ as the last word on your cover letter.
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4 0
3 years ago
Ben makes an appointment for a $50 haircut, buys a bike for $250, and agrees to work for Coding Associates for one year for $5,0
algol13

Answer:

c.

Explanation:

Based on the information provided within the question it can be said that in order for it to be enforceable, a writing is required for the employment agreement. This is because the employment requires initial work for a month before receiving payment for the services provided. Unlike the other two purchases, since money is being exchanged directly for a product or service at the exact moment.

8 0
3 years ago
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Dima020 [189]

Answer:

The answer is: the following three should be used.

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Explanation:

First of all, the NPV of the four projects must be positive. Only NPV positive projects should be financed. If the NPV is negative, the project should be tossed away. This is like a golden rule in investment.

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