According to Adam Smith, the self-interest represents the personal gain of the individual and actions he takes in order accomplish that self interest. He was a staunch believer in the free market and was against government regulations because he thought that the free market would most benefit the individual and therefore the society. The competition is what makes the the manufacturers produce better products and more of them, while this will spur the costumers to buy those products. When many act in their own self interest, the market will give both to the manufacturers and the consumers.
Answer:
Demographic variables
Explanation:
A series of advertisements are released by the State of Alabama Tourism Board featuring traditional families experiencing various state attraction. Since the apparent goal of these advertising is traditional family, the State of Alabama Tourism Board seems to have segmented the market utilizing demographic variables
As significant factors of the income distribution, demographic variables are sometimes listed. The following sections address the impact of 3 demographic variables on income distribution: (a) age structure; (b) marriage and composition of the family; and (c) income group differential fertility.
Every style can be chosen as per the comfort of the person. Finding a solution that will entirely satisfy all parties involved is part of collaborating. As you might say, a win-win scenario.
About win-win scenario
A win-win game, also known as a win-win scenario, is a unique case of the non-zero-sum game which results in a result that benefits two or more participants equally. A lose-lose scenario results by default if a win-win scenario is not realised because everyone loses if the business venture fails. In game theory, a win-win situation, also known as the win-win game or non-zero-sum game, is one in which all participants gain via collaboration, compromise, or collective engagement.
To know more about win-win scenario:
brainly.com/question/7189412
#SPJ4
In addition to alerting the holder to the presence of classified information, markings also identify who classified the document and provides guidance for future downgrading or declassification.
What is classified information?
The term "classified information" refers to information that has been designated as such by a government agency for national security purposes that access to it must be limited and restricted.
All classified information and document as adequate protection is needed because they providing proper identification and guidance of future perspective on downgrading or declassification.
As a result, every piece of secret information and document must be labeled to indicate the information it contains has been downgraded or declassified in future.
Learn more about classified information, here:
brainly.com/question/14301461
#SPJ1
Answer:
B. there is "normal" friction in the economy made up of those workers who are between jobs and those new entrants to the labor force
Explanation:
- The full employment is not zero as this is the normal friction that is made up in the economy and exists with those workers that are new to the market of jobs and those existing in the workforce.
