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
Ivanshal [37]
3 years ago
5

which concept does Adam smith use to describe an item sold for exactly the amount of money it cost to produce it? A, Market pric

e B advance price C natural price D effectual price.
History
1 answer:
yaroslaw [1]3 years ago
4 0

Answer:

<em>Option C. Natural price.</em>

Explanation:

Adam Smith was a Scottish economist, philosopher and author popularly known as the "father of capitalism". One of the economical terms that he defined is the one of <u><em>"natural price",</em></u> that is the price of any commodity that is neither more or less than the cost of production for that same commodity. The natural price has to be the sum of the costs of rent of the land, the wages of the labor and the profits of the stock that brought the commodity into the market, that took place in order for the commodity to be produced.

You might be interested in
Was the color TV invented in 1926 or 1950?
Sunny_sXe [5.5K]
It was invented in 1950. They started to work on it in 1930 I beleive.
7 0
3 years ago
What was one goal of the repeal of Prohibition?
FromTheMoon [43]

Answer:

hi this is...

Explanation:

<em>One goal of repealing the 18th Amendment (Prohibition) was to tap into the huge potential tax stream to help pull the United States out of the Great Depression. Adopted into the Constitution in 1919, the 18th Amendment banned the sale and consumption of alcohol, effectively ushering in the era known as Prohibition.</em>

8 0
2 years ago
Richard nixon claimed ________ when he refused to turn over secret white house tapes to congressional investigators.
Nata [24]

Nixon claimed (the answer is D.) executive privilege. Because it would be risky in national security or because to be contrary to the interests of the Executive Branch. Presidents have assert the right of executive privilege when they have information they want to keep private.

5 0
3 years ago
How did the purple dye, Tyrian, impact the Mediterranean region?
Vinil7 [7]
Your answer would be a it was so rare because a symbol of great status and wealth hope this helped have a great day
3 0
3 years ago
Read 2 more answers
What tactics caused Charlemagne come to power
tensa zangetsu [6.8K]
Charlemagne come to power because he is known for expanding the territory and power of his Kingdom of the Franks, ... its martial pride in the Frankish forces and Charlemagne's cause, and, of course.
3 0
3 years ago
Other questions:
  • Both Catholics and Protestants considered the by Heinrich Kramer and Jacob Sprenger as an authoritative work on .
    9·2 answers
  • Which strengthened early political parties in the US?
    10·2 answers
  • Which of the following statements is true of the regions labeled with the number 2 on the map above?
    6·1 answer
  • Which of the following doctrines was introduced in the Georgia Constitution before being introduced in the U.S.
    8·2 answers
  • What statement about the per capita net income for Chinese citizens is true?
    12·1 answer
  • What idea is the cartoonist expressing when he titled this political cartoon " Rough Sailing Ahead " ?
    8·2 answers
  • Who is d first president of nigeria​
    11·1 answer
  • HELP ME PLZ In Robert Holczer’s interview about living through the Holocaust, he discusses the Boy Scouts. Read the excerpt belo
    10·2 answers
  • How does knowledge is power apply to civics
    8·1 answer
  • Which of the following is a nonrenewable source of energy?
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!