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
Harrizon [31]
3 years ago
10

When the "invisible hand" guides economic activity, prices of products reflect______________.

Business
1 answer:
FinnZ [79.3K]3 years ago
7 0

Answer:

b) both the values that society places on those products and the costs to society of producing those products 

Explanation:

When the "invisible hand" guides economic activity, prices are known as equilibrium prices.

Equilibrium price is found where the demand curve intersects with the supply curve .

Equilibrium price is the price where both the value that society places on those products and the costs to society of producing those products are equal.

I hope my answer helps you

You might be interested in
Assume Alpha reacquires share of their own Common Stock to hold in the Treasury. They pay $ 30.00 per share.
Olin [163]

Answer:

d. none/decrease

Explanation:

There is no impact in Total Paid-in Capital account because if the shares are repurchased and keeped in Treasury stock the entry is as follows:

Treasury Stock  - DEBIT

Cash - CREDIT

The Treasury account it's reported on the balance sheet statement under the stockholder's equity section as a contra- equity accounts that means  that the balance of this account decreases the total value of this section.

If the company decides to retire the share of the market, then it's necessary to deduct it of Common Stock and Paid in Capital account and  the Treasury account will have zero balance in the balance sheet.

7 0
3 years ago
Liz has set up a new employee with Standard user access but has unchecked the Payroll access box. Which part of QuickBooks Onlin
solniwko [45]
If im correct, B would be the right answer
4 0
2 years ago
Testing conclusions review the typical benefits of physical capital described in section 1. give specific examples of how the fi
Ronch [10]
- he invention of railroads will reduce the amount of time and capital compared to having to buy supplies to feed horses and drivers in delivering goods.
- The trains also allow companies to deliver products on larger amount compared to using carriage
- Delivering with trains will decrease the likelihood of agricultural products in becoming rotten and unsellable.
3 0
3 years ago
Which of the following functions of money would owning a house in a stable market be classified under?
adell [148]

Answer:

medium of exchange hope this helps

6 0
3 years ago
The theory of ______ states that the prices of tradable goods, when expressed in a common currency, will tend to equalize across
IgorLugansk [536]
The answer is; Purchasing Power Parity.

<em>Hope this helped! :)</em>
3 0
3 years ago
Other questions:
  • A certificate of deposit is a receipt showing that an investor has made an interest bearing loan to a bank or a government or a
    5·2 answers
  • If it is true that whenever a manager encounters a particular situation (such as motivating employees to work harder), and a sin
    13·1 answer
  • Assume the price of product Y (the quantity of which is on the vertical axis) is $15 and the price of product X (the quantity of
    10·1 answer
  • In a free-market economy, firms face some degree of uncertainty, or risk. Some of this risk is controllable, and some is not. Id
    8·1 answer
  • Mike has saved $6,000 for a down payment on a car. He qualifies for two car loans. One has a 10% interest rate that does not req
    9·1 answer
  • The Financial Stability Oversight Council was created by Question 29 options: President Roosevelt in 1939 to reduce unemployment
    15·2 answers
  • Because stocks rely on dividends as the principal source of cash flow, ascertaining stock prices is an easier and more precise p
    15·1 answer
  • Francina, who just started her first job, had been repaying her luxury sports car loan until she stopped payments two months ago
    14·1 answer
  • Borrowers who believe they will be in a home for only a short period of time would be good prospects for a/an:
    8·1 answer
  • If you wanted to pruchase ownership interests in diversified portfolisos of investments which type of finacncial prodcut provide
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!