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
Katyanochek1 [597]
4 years ago
10

Even if prices are fixed and competition is restricted by the government, the invisible hand will still work in the economy and

lead to economic efficiency.True/false
Business
1 answer:
photoshop1234 [79]4 years ago
8 0

Answer:

FALSE

Explanation:

If rates are not set and the government does not limit trade, the invisible hand will continue to function in the market and will result in economic output.

  • Government plays an important role in controlling prices and distribution in order to sustain a stable economy in the country.
  • To protect consumer interest, the policy has to fix the price of goods that is generally lower than the equilibrium level.

Therefore this statement is incorrect.

You might be interested in
Select the correct answer.
yuradex [85]

Answer:

Option B  

Explanation:

In simple words, The appearance release relates to the document necessary to ensure that individuals in certain performances have the correct rights, so therefore you can use the videos in promotional settings. The report will contain all the information about the demeanour 's usage and range.

Thus, from the above we can conclude that the correct option is B.    

5 0
3 years ago
The first stroke of a two-stroke engine represents a. intake stage/compression stage b. power c. compression d. power stage/exha
defon

a. compression

The engine is sometimes referred to as two-cycle engine where one power cycle is completed with two strokes (up and down movements) of the piston during only one rotation of the crankshaft. It used in-cylinder compression, as designed by Dugald Clerk.

3 0
4 years ago
A method of estimating land value in which the net operating income attributable to the land is isolated and capitalized to prod
igomit [66]

Answer: Land Residual Method

Explanation:

Land residual method of site evaluation is the method of estimating land value in which the net operating income attributable to the land is isolated and capitalized to produce an indication of the land's contribution to the total property.

This particular method uses income as being the basis for value and is used in appraising income producing properties.

4 0
3 years ago
Select all that apply.
Evgesh-ka [11]
As a result of the Great Leap Forward, industrial production declined and power shifted to conservative Communist leaders. The answers would be the second and third option. The Great Leap forward also resulted in widespread famine. This led to decrease production, starvation and even c<span>hallenges to Mao Zedong's position. Hope this answer helps.</span>
4 0
3 years ago
Read 2 more answers
When a union raises the wage above the equilibrium level, a. the quantity of labor supplied falls and unemployment rises. b. bot
Furkat [3]

Answer:

b. both the quantity of labor supplied and unemployment rise

Explanation:

The labor market operates under the logic of balancing labor supply and labor demand. The adjustment vector for this balance is the price of wages. When a union of unions forces wages up, naturally more workers will offer work because they see an opportunity that benefits them. However, the higher salary is a cost to firms, which have hired fewer employees and eventually fired. Therefore, both labor supply and unemployment increase.

8 0
4 years ago
Other questions:
  • Saturday afternoon you can either attend a street festival, work and earn $100, or study for your midterm exam. You flip a coin
    7·1 answer
  • Functional goals and strategies should be independent of divisional and corporate goals an strategies
    5·1 answer
  • A Process Breakdown Structure can provide a reasonable alternative to a Work Breakdown structure for an extensive development pr
    7·1 answer
  • Partly because of professional loyalty to their clients, pr professionals have many of the same ___________ that advertising pro
    6·1 answer
  • Something that encourages specific behavior
    15·2 answers
  • The Canadian government decides to offer tax concessions to foreign companies that agree to build a manufacturing facility in Ca
    11·1 answer
  • You have just deposited $8,500 into an account that promises to pay you an annual interest rate of 6 percent each year for the n
    9·1 answer
  • _____ refers to a process by which you earn interest not only on the money you directly invest but also on the interest you've e
    8·1 answer
  • The previous graph you constructed should show that net exports from Japan would be negative if the price of yen increased to a
    8·1 answer
  • Why is it a good idea to invest in both bonds and stocks?
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!