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
Karolina [17]
3 years ago
13

According to smith, what does capitalism allow individuals to do that no other economic system allows

Business
1 answer:
tiny-mole [99]3 years ago
5 0
Smith states that capitalism allows individuals to prosper,<span> capitalism allows for such things as division of labor and the specialization that comes with it, this increases the productive efficiency of a nation which in turn increases its wealth and standing in the rest of the world.

</span>
You might be interested in
Imagine you are the owner of a small local peanut butter company. You have many competitors in the peanut butter market but your
mamaluj [8]

Answer:

A

Explanation:

keeping a competitive edge

8 0
3 years ago
In economics what does the term market referred to
Taya2010 [7]

I think it is the exchange of goods or services, which can be with or without money.

4 0
3 years ago
Read 2 more answers
Ryan filed a lawsuit against his previous employer because he was fired without warning. Which of the following events most like
Anastasy [175]

Answer:

D. Ryan was fired from the company without prior notice.

Explanation:

none of the other answers make sense.

5 0
3 years ago
Zen Manufacturing Company is considering replacing a four-year-old machine with a new, advanced model. The old machine was purch
dedylja [7]

Answer:

$4,800

Explanation:

The computation of additional annual cash inflow is shown below:-

Saving in Annual Maintenance Cost by new machine = $15,000 - $6,000

= $9,000

Net savings on Maintenance = $9,000 × (1 - 0.4)

= $5,400

Decrease in Depreciation due to purchase of New machinery

= ($60,000 ÷ 10) - ($45,000 - 10)

= $6,000 - $4,500

= $1500  

Tax to be paid due to decrease in Depreciation = Decrease in Depreciation due to purchase of New machinery × Tax rate

= $1,500 × 0.4

= $600

Net Annual cash Inflow due to new machinery =  Net savings on Maintenance - Tax to be paid due to decrease in Depreciation

= $5,400 - $600

= $4,800

So, for computing the additional annual cash inflow we simply applied the above formula.

4 0
3 years ago
A company has a beginning retained earnings balance of $100,000. It has net income for the current year of $50,000 and paid $10,
Brut [27]

Answer:

The ending balance of retained earnings for the company $ 140.000

Explanation:

Retained Earnings increase the balance with the Net Income of each year that it's not withdrawalled by the owner or because are not paid dividends, to this case the owner only withdraw $10.000 of $50.000 generated during the year.

4 0
3 years ago
Other questions:
  • George is paid for holidays, sick days, vacation, personal days, and jury duty. these are his _____. paid leave benefits insuran
    11·2 answers
  • The federal trade commission (ftc) created the _____ rule, giving consumers three days to cancel purchases they make from salesp
    5·1 answer
  • Help me with this pleaseeee !!!
    11·2 answers
  • Brazil has a population of about 210​ million, with about 150 million over the age of 15. Of​ these, an estimated 25​ percent, o
    8·1 answer
  • To the extent that Italian Americans have intermarried with Anglo Americans and are proportionately represented in various socie
    10·1 answer
  • (14 points) A financial analyst determines that Cyclone Company has $54 million of interest bearing debt outstanding and 3,800,0
    10·1 answer
  • Walmart has developed a sophisticated inventory management and cost control system that allows rapid price changes for each prod
    10·1 answer
  • In a research proposal, which section comes first?
    9·2 answers
  • Paid rupees 500 for office rent in cash<br><br>​
    12·2 answers
  • From the following ledger balances, prepare a trial balance for the Whispering Winds Corp. at June 30, 2022. All account balance
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!