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Alika [10]
3 years ago
10

explain how Adam Smith describes the market economy and role of consumers , producers , workers, savers ( investors) , and borro

wers in the market economy.
Business
1 answer:
astraxan [27]3 years ago
8 0

Answer:

As described below.

Explanation:

  • As explained by Adam smith a market economy in his wealth of nations. Which is an interplay of the supply and demand, where the role of the customer's producers and the worker's investors and the borrows all follow the economic system and the market as an invisible hand, that comes from the producers and he consumers interact indirectly and directly
  • As the consumer and producers engage in commercial production thus the idea of a free-market took place. The government interferes with the services where unwanted shortages and the surplus tends to occur.
  • The free markets to regulate themselves by means of competition, among the workers and the borrowers.
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frosja888 [35]

Property values neighborhood quality of life issue is most affected by the overuse of alcohol.

What is Property values?

Creating an opinion of value for actual property is known as real estate appraisal, property valuation, or land valuation. Because real estate transactions happen seldom and each property is unique, as opposed to corporate stocks, which are exchanged every day and are all the same, assessments are usually required.

Therefore,

Property values neighborhood quality of life issue is most affected by the overuse of alcohol.

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8 0
2 years ago
which of the following is often associated with an increasing employment rate of women in living wage occupations? a.) less acce
maw [93]

<u>Higher standard of living for families</u> is often associated with an increasing employment rate of women in living wage occupations

Option B is correct.

<h3>Standard of living:</h3>

Standard of living refers to the position of wealth, comfort, material goods, and musts available to a certain socioeconomic class or geographic area. Quality of life, on the other hand, is a private term that can measure happiness.

<h3>Why is the standard of living important? </h3>

Standard  of living can affect multiple factors of a population, including happiness and productivity. This is important because the lesser productivity and happiness are, the better off an frugality tends to be as a whole.

<h3>What factors affect standard of living?</h3>

The standard of living is measured by effects that are fluently quantified, similar as income, employment openings, cost of goods and services, and poverty. Factors similar as life expectation, the affectation rate, or the number of paid holiday days people admit each time are also included.

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4 0
1 year ago
In October, Glazier Inc. reports 42,000 actual direct labor hours, and it incurs $194,000 of manufacturing overhead costs. Stand
Olin [163]

Answer:

$18,000 F

Explanation:

Actual overhead– Overhead Budgeted=

Overhead Controllable Variance

Actual overhead=$194,000

Overhead Budgeted=$212,000

$194,000–$212,000

=$18,000 F

(40,000 ×$3.80) + $60,000

=$152,000+$60,000

= $212,000

Therefore the manufacturing overhead controllable variance is $18,000 F

3 0
3 years ago
Cindy is a popular actress and has won countless acting awards in her 15 years in the industry. People always ask her what her s
PSYCHO15rus [73]

Answer:

The correct answer is letter "B": personal ethics.

Explanation:

Personal ethics refers to the moral principle people consider inherent in themselves that drive their behavior. These principles extend to every aspect of their lives and are mainly noticeable in the professional field. Respect, honesty, integrity, and fairness are some examples of personal ethics.

8 0
3 years ago
_____ has been defined as the fundamental rethinking and radical redesign of business processes to achieve dramatic improvements
8_murik_8 [283]

Answer: Business process re-engineering

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5 0
3 years ago
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