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
oksian1 [2.3K]
4 years ago
10

Adam Smith, the father of

Business
1 answer:
Nonamiya [84]4 years ago
3 0

Answer:

The "diamond-water" paradox.

Explanation:

Adam Smith in his book <em>The wealth of nations</em> posted a question consisting the comparison between the price of diamond and water.

His idea was that why the price of diamond is so high as it has no importance in human life, and why the price of water is so low when it is highly significant for human life. One cannot die, if he doesn't have a diamond under his pillow although he will die if water is not given to him for days.

You might be interested in
James operates a monopoly hiking gear store in the woodland trails near his home in the Ozarks. He is currently producing at an
cupoosta [38]

James will need to decrease the marginal revenue to reduce his output.

<h3>What happens when marginal revenue equals marginal cost?</h3>

This is known as an economic equilibrium and there is no economic profit in such equilibrium.

To incur profit now, he will have need to decrease the marginal revenue to reduce his output

Therefore, the Option B is corrrect

Missing options <em>"will increase profits, will decrease marginal revenue, can charge a higher price."</em>

<em />

Read more about marginal revenue

<em>brainly.com/question/10822075</em>

6 0
2 years ago
If your lifestyle budget is $50000 a year selecting a career earning $75,000 will most likely allow you to meet your lifestyle g
NARA [144]
From what is said the answer is true. that leaves 25000 over your lifestyle budget
8 0
3 years ago
An eligible employee may take unpaid leave under the Family and Medical Leave Act for family or medical reasons, or in certain s
Aliun [14]

An eligible employee may take unpaid leave under the Family and Medical Leave Act for family or medical reasons, or in certain situations for military service: TRUE

<h3>What is unpaid leave?</h3>
  • Unpaid leave is time away from work during which an employee keeps their job but is not paid.
  • Employees in the United States are permitted to take unpaid absences for the following reasons: self-care involves a significant health condition.
  • There's a family emergency.
  • Parental leave for childbirth or adoption.
<h3>Purpose of  Family and Medical Leave Act:</h3>
  • Under the Family and Medical Leave Act, an eligible employee may take unpaid leave for family or medical reasons, or under certain circumstances, for military service.

Therefore, the statement "an eligible employee may take unpaid leave under the Family and Medical Leave Act for family or medical reasons, or in certain situations for military service" is true.

Know more about the Family and Medical Leave Act here:

brainly.com/question/4014104

#SPJ4

4 0
2 years ago
it is your job to take customer orders and ensure items are in stock. it is alex's job to package and deliver those istemrs to t
aniked [119]

it's his job to take customer orders and make sure the items are in stock, his role is a stockist, and it's alex's job to pack and deliver these istemrs to the customer, he's a packer.

<h3>What are the functions of a stockist?</h3>

A stockist is responsible for managing the stock, receiving goods and knowing where each type of product is. This professional should organize the products and separate them by categories to make it easier to find them.

<h3>What is a packer?</h3>

The Packer packs, bags and boxes the goods. He also provides support by transporting products to the various areas of an establishment. In addition to checking the weight, prices and codes of the merchandise, this professional is responsible for forwarding documents, objects and serving customers.

With this information, we can conclude that his role is a stock clerk, and it is the job of packer Alex.

Learn more about packer in brainly.com/question/21054436

#SPJ1

6 0
2 years ago
Attracting attention, describing contents, explaining benefits and identifying the uses of a product are all functions of:
Oxana [17]

Answer:

Packaging.

Explanation:

Packaging can be defined as a the process of adding or enclosing a wrapping material around a finished product in order to uniquely contain, describe, identify, protect, attract and promote the products in the marketplace.

In marketing, packaging plays a very significant role in the determination of the success of a product in the marketplace and as such should be done professionally and properly by including the necessary information and styles to attract potential customers or buyers.

Hence, attracting attention, describing contents, explaining benefits and identifying the uses of a product are all functions of packaging.

4 0
3 years ago
Other questions:
  • Which of these statements about financial aid are true? Select all that apply. Most student loans from the government have a low
    6·2 answers
  • An example of a direct real estate investment is a:
    13·1 answer
  • Most four-year colleges want to see that you have participated in community service and extracurricular activities because?
    5·1 answer
  • The specification of a maximum amount of a commodity or product which may be imported into a country in any period of time is a
    5·1 answer
  • Credit sales are recorded by crediting an accounts receivable.
    13·1 answer
  • An electronic store sells 3,000 HD TV sets every quarter of the year. Each TV set costs the store $ 270.00. The carrying cost is
    12·1 answer
  • Keep an emergency kit and fresh water in your car in the event of______
    15·1 answer
  • 4. The journal entry to record costs related to extraordinary repairs would include a __________ to __________.
    5·1 answer
  • if the marginal product of capital is less than the rental rate of capital, the firm should rent more capital.
    5·1 answer
  • How do you ensure that your proposed it governance strategy and plan are working?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!