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
Tema [17]
3 years ago
5

According to the invisible hand concept, the best way for a society to encourage the creation of jobs and the production of the

products most wanted by consumers would be to:
A. Permit government owned industries, such as telecommunications, transportation, and energy, and operate these firms as nonprofit organizations.
B. Allow private ownership of businesses, but make use of extensive regulation to force businesses to behave in a socially desirable way.
C. Allow entrepreneurs personal freedom to follow their own self-interest.
D. Impose high taxes on individuals, and use the revenue to subsidize businesses to encourage them to produce the maximum rate of output.
Business
1 answer:
evablogger [386]3 years ago
8 0

Answer:

The correct answer is C

Explanation:

The concept of the invisible hand, is the concept in which the unobservable market force, helps the supply and the demand of the goods to reach at equilibrium in a free market.

As per this concept, the best method for society in order to encourage the jobs creation and the production of products demanded by consumers would be to allow the personal freedom entrepreneurs to follow their self interest.

You might be interested in
When management and supervisors’ treatment of an employee largely determines that employee’s performance. This is an instance of
Vesnalui [34]

Whilst supervisors look at terrible overall performance in an employee, they're maximum in all likelihood to blame the employee for missing potential.

Whilst businesses treat personnel pretty, everybody wins

  • Making decision-making transparent.
  • providing employees with possibilities to offer input/remarks.
  • Acknowledging employees' contributions.
  • Making time for personnel to provide input on decisions while feasible.
  • Treating employees with respect and dignity.

Treating personnel with admiration, showing appreciation for their paintings, and being an encourager will create a preference in personnel to additionally treat clients and clients properly. it will contribute to better productiveness tiers and profitability. It makes employees need to return to work and no longer dread it.

The moves of an employee's direct manager have an important effect on employee engagement. Managers who fail to engage their personnel through growing nice relationships with them can cause an exodus of pinnacle expertise. The price in time and assets to update these employees may be inordinate.

When employees are handled nicely, they may be a long way less in all likelihood to cease, which means that you could store the money and time you'll spend on hiring new employees. selling from within way that employees are much more likely to stay at the job longer, considering that they realize it may result in a higher role and/or salary.

Learn more about employees here: brainly.com/question/1190099

#SPJ4

5 0
2 years ago
As an eighth grader, Marliss wins an art competition, and her prize is one thousand dollars. She wants to invest the money for h
diamong [38]
Marliss will want to invest her money in a savings bond to help her save money for college. The correct answer is A. 
8 0
3 years ago
Keeping in mind what you did in the lab this week, do you think that determining the volumes of your solid samples (rubber stopp
Over [174]

Answer:

Calculating volumes by water displacement is always more accurate than using mathematical formulas when the objects have irregular shapes or it is difficult to measure them exactly. The only thing that you must keep in mind is measuring the water displacements properly. One ml of water equals 1 cm³, so if the water level increased by 5 ml, then the object's volume is 5 cm³.

3 0
3 years ago
The partnership of Brandon and Ryan is being liquidated. All gains and losses are shared in a 3:1 ratio, respectively. Before li
Travka [436]
The answers are the following:
a. 
Brandon:
$7,000 + [($10,000/4)×3¿= $8,500
Ryan:
$7,000 + [($10,000/4)×1¿= $7,500

b.
Brandon $7,000
Ryan <span>$7,000</span>
6 0
3 years ago
if the natural rate of unemployment is 5%, what is the total rate of unemployment if output is 2% below potencial output?
valkas [14]
It is 5% for rate Unemployment
4 0
3 years ago
Other questions:
  • If the CEO of a large, diversified, firm were filling out a fitness report on a division manager (i.e., "grading" the manager),
    15·2 answers
  • In government-wide financial statements, the assets acquired under a capital lease would be reported at ____ (A) The total of al
    8·1 answer
  • Long-Life Insurance has developed a linear model that it uses to determine the amount of term life insurance a family of four sh
    12·1 answer
  • Retained earnings on the balance sheet?
    12·1 answer
  • All of the current year's entries for Zimmerman Company have been made, except the following adjusting entries. The company's an
    11·1 answer
  • Legislates and enforces regulations that
    6·1 answer
  • Limited partnership programs are categorized as direct participation programs. The term direct participation refers to A) the ab
    9·1 answer
  • Advantages of discounted payback period​
    11·1 answer
  • Does anyone have SC??
    14·1 answer
  • Oligopolies exist because of barriers to entry. One of the most important barriers to entry is due to economies of scale. Why is
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!