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swat32
3 years ago
15

If individuals pursue their own interests when participating in the markets, per Adam Smith, those individuals are being guided

by_________.
Business
1 answer:
docker41 [41]3 years ago
7 0

Answer:

Self Interest & Invisible Hand of Laissez Faire Policy

Explanation:

Adam Smith Laissez Faire Policy - suggests that free markets are the best approach for welfare maximisation of a society, based on self interest guiding best decisions by individuals, and individual wealth & welfare maximisation implies society wealth & welfare maximisation.

The Invisible Hand of free markets corrects all the discrepancies (if any), re-guides self interest forming the basis of over all social interest. Government intervention is unnecessary & distortionary as per the theory

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Answer:

2. the advertising techniques used to persuade the viewer. In order to do this, Nori need to determine whether the advertisers using a visual or principle attraction method for this product

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2 years ago
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The Churchill Corporation uses a periodic inventory system and the LIFO inventory cost method for its one prod-uct. Beginning in
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Answer:

$32,000

Explanation:

Calculation to determine the before-tax LIFO liquidation profit or loss that the company would report

Before-tax LIFO liquidation profit =8,000 Units × ($12.00 per unit – $9.00 per unit) + (12,000 units-10,000units)× ($12.00 per unit – $8 per unit)

Before-tax LIFO liquidation profit =(8,000 units× $3 per unit)+(2,000 units ×$4 per unit)

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Prompt<br> What should you do after writing something?
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