The term 'invisible hand' was first used by Adam Smith in the 18th century to describe the efficiency in the autoregulation of free markets, where free means not externaly intervened by governments. Intervention distorts markets and harms the efficiency of their functioning.
The main principle behind is that, when individuals pursue their "private" efforts they are generating larger wealth for society as a whole than if their first intention was to help society. The markets will be in charge of channelizing individuals interests into socialy desirable outcomes.
Most of all, there are a lot of cities on the coast: for example LA, NY, Lisbon, Sydney, Barcelona, Rio de Janeiro. Those cities have a big population. If the sea level rises, people will have to move away from those cities (and if it rises rapidly, they might die in the flood).
Further, it could contaminate our storages of drinking water (sea water is salty and can't be drunk).
Also, it will mean less land, which also means less land for agriculture.
The reform movement that John Dewey is associated with is A. education.
He was a major voice of progressive education and liberalism.
North Korea is often percevid as the Hermit kingdom completly isolated from rest of the world but North Korea maintains diplomatic realations with 164 Independent states.
Answer:
If each suspected drug dealer follows a dominant strategy, he/she should -<em> a. confess regardless of the partner's decision</em>
Explanation:
In game theory, one player would be displaying<u> strategic dominance</u> <u>if he or she chooses a </u><u>dominant strategy</u><u>, which promises a better outcome for this player regardless of the strategy chosen by the player he or she is playing against.</u>
Here, each suspected drug dealer will have a better outcome if he/she confesses and testifies against his/her partner, because in result he/she gets the best possible outcome - immunity.
