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
Jet001 [13]
3 years ago
14

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?
A.) invisible hand
B.) self-interest
C.) competition
D.) laissez-faire
Business
2 answers:
Delvig [45]3 years ago
7 0
Adam Smith is known as the Father of Modern Economics and is known as the author of "The Wealth of Nations". According to the passage above, the idea of Adam Smith that made Mark think of starting a restaurant business is self-interest. The correct answer is option B. Self-interest, according to Adam Smith, is when the individual owns the resources available, labor and capital, can make voluntary decisions to control the marketplace. This is the biggest motivator in the activity in the economy.
stealth61 [152]3 years ago
6 0

Answer:

b

Explanation:

You might be interested in
Alicia is working on a presentation about the top 10 employees of the month in her office. She wants to add a bold effect to the
frutty [35]

Answer: Highlight the headings in bold and choose your preferred colour.

Explanation:

For Alicia To add a bold effect on the word, she has to highlight the word she wants to work with and increase the size to your desired colour, this is also applicable to choosing preferred colour

6 0
3 years ago
Which depict a negative externality? (Select all that apply)
kompoz [17]

Answer:

The corrects answers for this would be A and C.

Explanation:

As you can see, for both a and c, those are the only two answers that have a negative outcome, hence the negative externality.

5 0
3 years ago
What does it mean to have an "absolute advantage” in production?
Shalnov [3]

Answer:

In economics, the principle of absolute advantage refers to the ability of a party (an individual, or firm, or country) to produce a greater quantity of a good, product, or service than competitors, using the same amount of resources

(i.e :  India has an absolute advantage in operating call centers compared to the Philippines because of its low cost of labor and abundant labor force.)

Explanation:

5 0
4 years ago
Madrid Corporation has 33,000 shares of $50 par common stock outstanding. On August 2, Madrid Corporation declared a 3% stock di
Firlakuza [10]

Answer and Explanation:

The Journal entry is shown below:-

On August 2

Stock dividend Dr, $67,320 ($33,000 × 3% × $68)

       To Stock dividend distributable $49,500 ($33,000 × 3% × $50)

      To Paid in capital in excess of par - common stock $17,820

(Being stock dividend is recorded)

On September 15

No Journal entry is required

On October 8

Stock dividend distributable Dr, $49,500

           To Common stock $49,500

(Being stock dividend is recorded)

4 0
3 years ago
An example of a positive statement would be
Kisachek [45]

Answer:

D

Explanation:

it would be the last option

5 0
3 years ago
Other questions:
  • Hollandaise sauce contains mostly
    5·2 answers
  • The bank statement​ _________.A.may show service​ charges, EFT collections from​ customers, and EFT withdrawals B.does not inclu
    11·1 answer
  • Sheridan considers herself a religious person who attends worship services regularly, but she did not attend worship services fo
    7·2 answers
  • i. Lawyers are changing their pay structures. It used to be that they would bill hourly (top dollar for top lawyers, less experi
    6·1 answer
  • The owner of a valuable painting hired professional movers to transport it to an auction house when she decided to sell it. As t
    15·1 answer
  • Harriet and Harry Combs (both 37 years old) are married and both want to contribute to a Roth IRA. In 2019, their AGI before any
    8·1 answer
  • You are the owner of a smoothie shop in California. Afterhearing a podcast about customer relationship management (CRM), youdeci
    12·1 answer
  • It's clear that the lives of many creative artists are being transformed by digital technology. But competing schools of thought
    12·1 answer
  • Business executives often prefer to work with rate of return, so to overcome some of the IRR's limitations the modified IRR was
    15·1 answer
  • All of the following are examples of oligopolistic markets except A) the broadcasting industry. B) aircraft manufacture. C) coll
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!