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 for the question that is being presented above is this one: "The federal government offered tax incentives to anyone who moved to the suburbs." when developers built affordable, mass-produced houses, The federal government offered tax incentives to anyone who moved to the suburbs.<span>
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The battle of Stalingrad was the major turning point.
I think its Western Europe?
The byzantine traded with kiev Russia and they relied heavily on it, also leaders like Vladimir the 1 and Yaroslav brought Byzantine religion to kiev which became the basis for future Russia religion, art and culture.
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The Russians lived under Mongol rule for almost two centuries. During that time, the Mongol system was to place Vassal princes who were expected to pay tribute to the Mongols for the privilege of holding their own kingdom. The result was harsh rule that turned most Russians into serfs and destroyed the Russian economy, most importantly in regard to trade. Effects include halting Russia's technical development and relationships with other nations </span>Under the rule of vassal princes, the Russians were cut off from Europe and turned more toward the east in culture. The Russian language picked up words such as амбар, barn, and базар, bazaar from the Turkic languages. The architecture of St. Basil's Cathedral on Red Square has distinct Mongol and Eastern Styles. The dome shapes and use of tile may have been inspired by Kazan and the East.
Two hundred years of Mongol occupation in Russia influenced the development of Russian culture and economics.
