well with buying a home you are stuck with it you cant just move out but with renting you can say ohh im moving and you can give them your key and get out its really not that bard
Answer:
The correct answer is the option C: For markets to work, people must be free to pursue their self-interest.
Explanation:
To begin with, Adam Smith was a Scottish economist, philosopher and author known as ''The Father os Economics'' and whose works established the basics of today's economics.
To continue, in Smith's most known classic work, ''An Inquiry into the Nature and Causes of the Wealth of Nations'', he established the concept called the <u><em>''invisible hand''</em></u><u> </u>that states that <u><em>in order to the economy to work properly, the people must be free to pursue their self-interest products without no restrictions from the government</em></u>.
When a qualified plan starts making payments to its recipient the gains are taxable. Gains are the profit/return that are made from an investment. A gain can be something you make from a sale or or inheritance. Gains are typically taxed in a higher tax bracket as well.
Answer:
C. Job specialization
Explanation:
Employees boredom is one of the disadvantages of job specialization
Job specialization: This can be defined as a situation where an employee focuses on a particular skills or job position in order to become an expert.
Job specialization is as a result of division of labor. Division of labor is the sharing of roles or functions among employees in a firm so as to Improve productivity.
When a particular role is assigned to an employee for a long period of time, the employee becomes an expert as a result of that.
Advantages of job specialization
• Workers produce more when they occupy a specific role.
• Job specialization leads to time saving in production because employees have become masters in their role
• More expertise is developed through job specialization
Disadvantages of job specialization
• Continuous performance of a particular role might lead to boredom of the employee
• There is fear of job security for the workers. They often wonder what will happen if a firm finds a replacement for them.
Answer:
The answer is A
Explanation:
Pure monopoly can raise the market price indefinitely due to the fact that the market structure is characterized by a single seller or manufacturer, selling a particular product in the market. In a pure monopoly market, the seller faces no competition, as he is the sole seller of goods with no close substitute. He enjoys the power of setting the price for his goods. This in-turn leads to the customers being at the mercy of the seller.