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3 years ago

What is adam smith's main idea about trade and economic decision making?

1 answer:

3 0

<span>Adam smith believed that the economy should be left free of interference from the state which is called a laissez faire economy. He believed that state should not decide what is required for the people which should be decided by the market. He also argued that there is an invisible hand that will regulate the economy in the absence of the state.</span>

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Your company experienced 20% percent turnover last year. This means 20 percent of people employed at the beginning of the year w

Stella [2.4K]

Answer:

Explanation:

Employee turnover is the rate at which employees leave a company, whether voluntary or involuntary.

In this company, 20 percent of employees leave every year.

If the company intends to have 40 more workers, it should plan to hire the 40 plus an extra 20 percent.

The company should hire 40 plus 20% of 40

=40 + (20/100 x 40)

=40 +(0.2 x40)

=40 +8

=48

The company should hire 48 workers

3 0

3 years ago

If you have identified a risk you have

almond37 [142]

The correct answer is obviously, You recognized that it exists, i have no idea what they were smoking when they wrote this question.

6 0

4 years ago

Read 2 more answers

The ending account balances of permanent accounts for one fiscal period are (A) the same as the prior period's ending balance (B

yulyashka [42]

Answer:

D. the beginning account balances for the next fiscal period.

Explanation:

Permanent accounts are accounts used to accumulate information from one fiscal period to the next.

The ending account balances of permanent accounts for one fiscal period are the beginning account balances for the next fiscal period.

Also, when expenses are reported in the same fiscal period that they are used to produce revenue it is known as the concept of matching expenses with revenue.

6 0

4 years ago

The economic term for the want-satisfying ability, or value, that organizations add to goods or services is

Lana71 [14]

The economic term for the want-satisfying ability, or value, that organizations add to goods or services is utility.

<h3>What is utility?</h3>

Utility refers to the amount of satisfaction a consumer derive from the consumption of certain commodities.

It is the importance or value added to a product or service that helps gives the consumer useful information about all products and services.

Hence, the economic term for the want-satisfying ability, or value, that organizations add to goods or services is utility.

Learn more about utility here : brainly.com/question/24848038

4 0

2 years ago

The Bert Corp. and Ernie, Inc., have both announced IPOs. You place an order for 1,150 shares of each IPO. One of the IPOs is un

Tems11 [23]

Answer:

The Bert Corp. and Ernie, Inc.

The profit expected is:

= $2,875.

Explanation:

a) Data and Calculations:

The Bert Corp. Ernie, Inc.

IPO order placed 1,150 shares 1,150 shares

Underpriced by $18.00

Overpriced by $6.50

Profited expected $10,350 -$7,475

Net profit = $2,875 ($10,350 - $7,475)

b) The profit expected is generated from the underpriced stock. This profit is reduced by the increased cost incurred on the over-priced stock. Therefore, the net profit is the difference between the profit and the additional cost incurred.

8 0

3 years ago