Answer:
C. producers work together to increase prices
Explanation:
The concept of the invisible hand in economics was introduced by the classical economist Adam Smith, who is considered the father of economic liberalism. According to Smith, men have a natural selfish tendency and will seek to satisfy their own needs through trade in goods and services. Thus a positive effect of each man's selfish and individual attitudes will be felt in the economy. When everyone seeks their benefits, the wheel of economics spins. This is what Smith calls the invisible hand.
Consumers will demand goods and services according to their needs. Business owners, seeking to increase their wealth, will provide consumers with the most desired products. Consumers are rational and tend to buy goods from those they provide at a lower price.
Thus competition is a central element by which Smith justifies the invisible hand. The act of union of producers is considered a cartel, something contrary to the mechanisms of competition and therefore does not fit the metaphor of the invisible hand.
The correct answer to this open question is the following.
Unfortunately, you do not specify a specific topic to develop the argument. An argument about what?
What is your compelling question? We cannot cite evidence of your research because you did not mention what is the topic of your research.
If we can help with something, we are going to set our own example based on our own topic.
How about the following.
Compelling question:
Was the Revolutionary War the last option for Patriots to get Independence from Great Britain?
Argument/Evidence:
1.- Yes, it was the only option after the number of aggressions and aggravations from the British crown. The English government never had the "openness" to negotiate another valid solution.
2.- Colonists were sick and tired of the heavy taxation imposed by the English government. We are talking about injust taxation such as the Navigation Acts, the Stamp Act, the Townshend Act, or the Tea Act.
3.- The worst part of it was that colonists had to pay those taxations but they did not have a voice in the British Parliament.
You are right you got the right answer
Answer:
D Hierarchical authority
Explanation:
The hierarchy of authority in an organization is designed to benefit the company and the employees. The company grows with the strength of a competent managerial staff, and employees look to management to provide career development. A hierarchy is also a method of maintaining managerial integrity.
Characteristics
Hierarchy of authority -- or chain of command -- refers to an organization's line of authority and describes who reports to whom. Related to hierarchy of authority is the span of control, which refers to the number of subordinates over which managers have authority. Organizational structures can either be flat or tall.
Answer: No
Explanation: While the Red Scare drove America's left and any possible allies with communism or socialism underground, it also allowed for a real anger to form and pushed conversations about social justice into back rooms.
