With the options given in the question, the correct answer is C) the government sets policy for producer and consumers, which guides the economy.
<em>The option that best describes the idea of the “invisible hand” is “the government sets policy for producer and consumers, which guides the economy.”
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The “invisible hand” is a term coined by the economist Adrian Smith in his book “The Wealth of Nations”. It implies that in the market exist an “invisible hand” that helps the demand and supply of goods to maintain a balance.
Observing the graphic attached, another valid affirmation that stems from the information in the graphic could be: producers and consumers work together, which guides the economy.
They are worth something, diamond is worth the most
Answer:
a) sensitivity analysis
Explanation:
Sensitivity analysis seeks to determine the effect of a variation of a particular item on its total value. That is, in the sensitivity analysis, several different variables are tested to understand the effect that each produces at the end of the process.
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</span><span /></span>an oligarchy is best defined as a government ruled by a small, elite group
Answer:
South Carolina farmers suffered as demand for their crops plunged and so did prices. The agricultural economy sagged further when the boll weevil, an insect pest, attacked the cotton crop. ... By the end of the 1920s, cotton, like rice before it, was no longer a viable crop in the Lowcountry.
