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
3241004551 [841]
3 years ago
12

What are the forces that together comprise the invisible hand?

Business
2 answers:
nalin [4]3 years ago
7 0
The answer to the question asked  above are <span> self-interest, competition, and supply and demand, it was noted for having the capaility of allocating resources in society.</span>


Hope my answer would be a great help for you.    If you have more questions feel free to ask here at Brainly.
Natasha2012 [34]3 years ago
4 0

Answer:

The invisible hand is the metaphor used by the moral philosopher and economist Adam Smith of the social mechanism he theorized that, in the free market, the pursuit of individual self-interest serves the common good, that is, people act as if guided by an "invisible hand".

The invisible hand mechanism requires a few criteria: price, efficiency, market and greed. An individual does high quality work efficiently, resulting in a good and cheap product. He may sell it on the market at a price acceptable to all parties. The buyer receives the commodity they need and the seller / producer receives compensation for their work. In the store, everyone gets what they want.

Before the Enlightenment, pursuing one's own self-interest was considered contrary to the common good. According to Adam Smith, "it is the self-interest of individuals that enables the division of labor to function." In addition, Smith stated that people's aspirations to promote their own economic interests in the best possible way have positive consequences for society as a whole. To this phenomenon, Smith invented the name invisible hand.

You might be interested in
Oral evidence in contract disputes is prohibited by:
Aleksandr-060686 [28]
There is a rule that states that oral evidence is prohibited in those cases. The law is called The parol evidence rule. This is a common law that prevents a party from presenting evidence that discloses abmiguities and clarifies it. It also prohibits adding something to the terms of the contract. 
6 0
4 years ago
A__________ is a written document that details the business idea, the target market and the business's competitive advantage, fi
Zina [86]

Answer:

A. mission plan

Explanation:

5 0
3 years ago
Ted is trying to decide what cost of capital he should assign to a project. Which one of the following should be his primary con
MrMuchimi

Answer:

c. Mix of funds used to finance the project.

Explanation:

Most of the time businesses don't have the required funds to invest in projects especially capital intensive projects. So businesses raise long term finance from various sources, for example, from capital markets through issuance of shares/stocks and from debt sources through raising long term loans and debt instruments like bonds.

Now each source of finance has a different cost to the business depending upon the likely risks associated with each source of finance and nature of business itself. Therefore, businesses strive to assign such a cost of capital that primarily recovers the cost of finance and generate surplus wealth for the business. So the decision of what cost of capital should be assigned to a project primarily depends upon the the mix of funds used.

Secondly, risk level of the project might somehow effect the required rate of return expected by shareholders and/or debt providers but may not be the primary consideration in this decision.

5 0
4 years ago
What's the benefits of any Financial investments company ?
scZoUnD [109]

Answer:

economies of scale

Explanation:

When you buy shares you have to pay dealing costs and admin fees, which can eat away at the value of your investment. In an investment company, all the investors pool their money and split the admin costs. You can end up paying much less.

5 0
4 years ago
Botox Facial Care had earnings after taxes of $292,000 in 20X1 with 200,000 shares of stock outstanding. The stock price was $45
krok68 [10]

Answer:

ez

Explanation:

use the correct formula

3 0
3 years ago
Other questions:
  • Jacob is saving up for a down payment on a car. He plans to invest $2,000 at the end of every year for 5 years. If the interest
    15·2 answers
  • The law of demand holds in the market for three​ goods, X,​ Y, and Z. An increase in the price of X causes an increase in the pr
    9·1 answer
  • Year 1 2 3 4 5 Free Cash Flow $22 million $24 million $29 million $32 million $35 million XYZ Industries is expected to generate
    12·2 answers
  • Donna manages the service desk and makes routine decisions related to customer refunds and merchandise returns. Donna also overs
    5·2 answers
  • a. If the interest rate on Treasury bills is 5% and the expected return on the market portfolio is 15%, what is the expected ret
    14·1 answer
  • PLEASE ANSWER THESE IT WOULD BE A HUGE HELP
    15·1 answer
  • systems play a key role in helping organizations achieve goals, which are set forth in a(n) statement. Computers can be used by
    12·1 answer
  • A company issues $25300000, 7.8%, 20-year bonds to yield 8.0% on January 1, Year 17. Interest is paid on June 30 and December 31
    10·1 answer
  • The process specifications are 12.45 and 13.45 minutes. Based on the data given, does it appear that specifications are being me
    14·1 answer
  • Suppose there are only two producers of aircraft in the world, AirCraft in the United States and AirEurope in the European Union
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!