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Akimi4 [234]
3 years ago
10

The idea that only the government can organize economic activity in a way that promotes economic well-being fora country as a wh

ole
a.is a basic principle regarding individual decisionmaking.

b.amounts to a denial of one of the basic principles regarding interactions among people.

c.supports the idea that the "invisible hand" should guide economic activity.

d.was promoted by the economist Adam Smith in a well-known 1776 book.
Business
1 answer:
Shkiper50 [21]3 years ago
4 0

Answer:

The correct option is b

amounts to a denial of one of the basic principles regarding interactions among people.

Explanation:

That will greatly affect the economy if Government only organise economic activities, it will denial the basic principles regarding the interaction among the people. Therefore option b is the right option.

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1. Imagine you are a mid-level manager for a major international oil company. You have been asked whether an investment in oil e
WARRIOR [948]

Answer:

1. What environmental, social, and political risks might arise in supply chain operations in Haiti?

An enviromental risk is another earthquake. Haiti is a very seismic country, and infraestructure quality is low: it can easily crumble down in the even of a strong earthquake (unlike other highly seismic countries with high quality infraestructure, for example: Japan).

A social risk is the possiblity of workers' revolts. The workers may feel exploited, or not at ease within the company, and decided to revolt. Haiti is a violent country, and the revolt could easily become a full-scale conflict that would result in the closing of most, of all of the firms associated with the supply chain.

A political risk is the possibility of property seizure by the government. Haiti does not rank high in government stability, judicial independence, or property rights protections. A new government could become authoritarian, and decide to seize the firms associated with the supply chain.

2. What are the foreseeable costs and benefits from supply chain operations in Haiti?

Low labor costs: the average per capita income in Haiti is $450, and the poverty rate is over 50%, while the underemployment rate is over 60%. This means that people are willing to work, and will work for very low wages, meaning lower costs accross the supply chain.

Untapped market: Even if Haiti is a very poor country, for the same reason it has a great potential to grow, since poor, developing countries tend to grow faster than advanced nations. If the economy of Haitin turns upwards, the firms along the supply chain will likely benefit from being the first in the new market.

3. How could you ensure that your company’s involvement would play a beneficial role in Haiti’s economic recovery?

Paying fair wages, following the country's laws, avoiding illegal practices such as bribing, and putting aside some of the company's income for social contributions such as donations to schools and hospitals (corporate social responsability).

5 0
3 years ago
Select which of the ways that entrepreneurs improve the economy is being described:
8_murik_8 [283]

Answer: (B) Demand for products

Explanation:

 The demand for the products is basically refers to the process in which the amount of the specific products are get purchased for the particular price so that the one business organization increase their productivity and the other business meets its specific requirement.

There are basically five factors which determine the demand of products function in an organization are as follows:

  • Income of the buyer
  • Price
  • Customer choice
  • The actual price of the related other products
  • Future supply expectations

Therefore, Option (B) is correct.

4 0
3 years ago
Bruno and Diana are trying to calculate their gross income. Which of the following items should they exclude from their gross in
arsen [322]

Answer: $15,000 gift from Diana’s mother for the down payment of their new house

Explanation: under the US code 102- Gifts and other inheritances. Gross income does not include the value of property acquired by gift. Money given as gifts to purchase a property are not taxable.

4 0
3 years ago
When customers buy computers at Maalik's store, he offers a service package at a discounted rate. Additionally, he has an ongoin
salantis [7]

Answer:

Impacting his clientele base with increased profitability and to extend the duration of customer relationships.

Explanation:

Maalik is focused on improving customer relationship management, impacting the profitability of existing customers and extending the duration of customer relationships by offering a service package at a discounted rate and a promotion that allows customers to trade in their old computers for new ones at much lower prices than his competitors can offer.

6 0
3 years ago
An investor purchased 100 shares of stock X at \small 6\frac{1}{8} dollars per share and sold them all a year later at 24 dollar
Salsk061 [2.6K]

Answer:

option (C) 280%

Explanation:

Number of shares of stock X purchased = 100

Purchasing cost of share = \$6\frac{1}{8} =\frac{49}{8}

Selling cost of stocks = $24 per share

Brokerage paid = 2%

Now,

The total purchasing cost involved = 100\times\frac{49}{8} + 2% of 100\times\frac{49}{8}

= 612.5 + 0.02 × 612.5

= $624.75

also,

Total income from sales of stocks

= Total selling cost of shares - brokerage paid

= $24 × 100 - 2% of Total selling cost

= $2400 - ( 0.02 × $2400 )

= $2400 - $48

= $2,352

now,

The investor's percent gain on this investment = \frac{\textup{Income-invested amount}}{\textup{Invested amount}}\times100\%

= \frac{\textup{2,352 - 624.75}}{\textup{624.75}}\times100\%

= \frac{\textup{1727.25}}{\textup{624.75}}\times100\%

= 276.47% ≈ 280%

Hence, the correct answer is option (C) 280%

7 0
3 years ago
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