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Nataliya [291]
3 years ago
14

Adam Smith's phrase "invisible hand" refers to

Business
1 answer:
Finger [1]3 years ago
5 0

Answer:

B. the ability of free markets to reach desirable outcomes, despite the self interest of market participants.

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Arbitrators generally do not have to offer reasons for their decisions.
enot [183]
<span>Yes, arbitrators generally don't have to offer reasons for their decisions, although some people argue against that. Unlike arbitrators, judges in court are required legally to give reasons for their decisions. Arbitrators often based their decisions on compromise.</span>
4 0
3 years ago
Why is it critical to get the price "right" on a new product?​
Irina18 [472]

Answer:

Since the product is new, the consumers wouldn't have any method to compare the price with the ones that created by other companies. This created a situation that make the consumers doubt whether they make a correct economic decisions if they purchase the product.

This is why it's important to get the price 'right'.

The company need to ensure that the price represent more value for Consumers compared to the money that they have to sacrifice to obtain it.

8 0
3 years ago
Match each transaction with the appropriate journal in which it should be recorded.a. Sales journalb. Purchases journalc. Cash r
Basile [38]

Answer and Explanation:

The matching is as follows:

1. Cash receipts journal - since cash is received

2. General journal - since the items is returned

3. Purchase journal - since purchase is done

4. Purchase journal - since purchase is done

5. Cash disbursement journal - since cash is paid

6. Cash disbursement journal - since cash is paid

7.  Purchase journal - since purchase is done

8. General journal - since expenses are recorded

9. General journal - since the items is returned

10. Cash receipts journal - since cash is received

5 0
3 years ago
alex has to pay his car insurance twice a year. each payment is $312. how much money should alex budget for his insurance each m
SSSSS [86.1K]
This person should budget 52 dollars.
7 0
4 years ago
Mark owns his own business and wants to make sure that his employees arrive on time each day and take breaks as specified. He ha
olga2289 [7]

Operant conditioning is used by Mark .

<h3><u>Explanation:</u></h3>

The instrumental conditioning is the other name given for operant conditioning. It can be considered as a method of learning in which  rewards and punishments are used for modification of certain behaviors. This forms a relativity between certain behavior and the consequences of that behavior.

In the example given, Mark has decided to give rewards in order to make his employees to reach office at time. Monthly rewards are given to those employees who did not take breaks and thus he is using the principle of Operant conditioning .

6 0
3 years ago
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