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just olya [345]
3 years ago
11

He [the producer] intends only his gain, and he is in this, as in many other cases, led by an invisible hand to promote an end w

hich was no part of his intention. What is the "invisible hand" referred to in this statement?
a) the elasticity of the market demand curve.
b) the power of government when decisions are made democratically.
c) the incentive structure accompanying market prices.
d) the guidelines and regulations set for his industry by the government.
Business
1 answer:
Mariulka [41]3 years ago
4 0

Answer:

c) the incentive structure accompanying market prices.

Explanation:

The invisible hand explains the unintentional social advantages of ego-interested actions of people, a term first proposed by Adam Smith in The Theory of Moral Sentiments, published in 1759, referencing it with respect to the distribution of revenues.Administrators offer multiple incentives, that are bonuses or encouraging variables that push the person to function effectively and in the long term interest of the principal. The incentive structures contain price / referral fees, annual bonuses and compensation for performance

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Gwen, an independent consultant, traveled to New York City on a business trip. Gwen spent 4 days in business meetings and confer
PolarNik [594]

Answer:

The deductible expense  =  $570

Explanation:

First, the question is not complete, the complete question is as follows

Gwen, an independent consultant, traveled to New York City on a business trip. Gwen spent 4 days in business meetings and conferences and then spent 2 days sightseeing in the area. Gwen's plane fare for the trip was $250. Meals cost $160 per day. Hotels and other incidental expenses amounted to $250 per day.Gwen was not reimbursed by her employer for any expenses. Her AGI for the year is $50,000 and she itemizes but has no other miscellaneous itemized deductions. Gwen may deduct (after limitations).

Solution

How much is the plane fare              $250

How much was spent on means       $640 (160 a day x 4 days)

Subtract: 50% of meal costs               ($320) 0.5 x 640

Hotel Expense was                              $1,000 ($250 x 4 days)

The total is                                            $1,570

Subtract 2% of the AGI                       <u> $1,000</u> (0.02 x 50,000)

The final deductible expense                 $570

This means the amount that Gwen can deduct from the expenses for the trip after the limitations as calculated above is $570

6 0
3 years ago
At the adjourning stage of team development, the team members are most likely to:________
spayn [35]

Answer:

d. disband permanently or take a temporary break.

Explanation:

Adjournment stage is the fifth and last stage of group development. The group wraps up work and is disbanded. At this stage team members celebrate their successes and get closure in preparation for the next project.

Team members may feel low motivation and a sense of loss because of bonds they had formed. Some people refer to this stage as the mourning stage, and team members need to celebrate their achievements to boost moral.

4 0
2 years ago
Read 2 more answers
A corporation issued $600,000, 10%, 5-year bonds on January 1, 2017 for $648,666, which reflects an effective-interest rate of 7
VashaNatasha [74]

Answer:

correct option is a. $617,911

Explanation:

given data

issued = $600,000

rate = 10 %

time 5 year

amount  = $648,666

effective-interest rate =  7%

solution

we get here carrying value so first we get here Interest paid per semiannual period that is

Interest paid per semiannual period = $600000 ×10% × \frac{6}{12}  

Interest paid per semiannual period = $30000

and

Interest expense on 30 June = $648666 × 7% × \frac{6}{12}  

Interest expense on 30 June = $22703

and

Interest expense on 30 December = $641369 × 7% × \frac{6}{12}  

Interest expense on 30 December = $22448

so

Interest expense on 30 June  = ($641369 - $7552) × 7% × \frac{6}{12}  

Interest expense on 30 June = $22184

and

Interest expense on 30 December = ($633817 - $7816) × 7% × \frac{6}{12}  

Interest expense on 30 December = $21910

so as that we get Carrying value of 1st January that is

Carrying value of January 1 =  $633817  - $7816-8090

Carrying value of January 1 = 617911

so correct option is a. $617,911

7 0
3 years ago
Swifty Corporation expects direct materials cost of $6 per unit for 150000 units (a total of $900000 of direct materials costs).
OLga [1]

Answer:

Explanation:

hope this helps

5 0
3 years ago
How does the type of product you’re considering affect your conclusions in the questions above: specifically, does it matter if
soldier1979 [14.2K]

Answer:

the type of product affects the buying conclusions that a person makes

3 0
3 years ago
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