Answer:
B. prices would do a better job of coordinating the activities of buyers and sellers than markets could.
Explanation:
In 1776, the Scottish economist and philosopher also known as the father of economics, suggested that price was better left to produce better market results than the intervention of guilds.
He was of the opinion that price control and regulations by guilds were disruptions to market play and would not be as efficient as allowing price be determined by the market(buyers and sellers). Adam was a pioneer of the free market economic theory.
One parent picks up the child from daycare while the other parent goes to the grocery store and begins to make dinner. This is an example of which principle is at work?
The correct answer is There are gains from trade.
<h3>Why are there gains from trade?</h3>
The price of one commodity relative to the other commodity that the two countries agree to trade. Good trade conditions allow a country to import goods at a lower opportunity cost than the cost of producing goods domestically, thus benefiting the country from trade.
Trade is central to ending world poverty. Countries that are open to international trade tend to grow faster, innovate, be more productive, and provide people with higher incomes and more opportunities. Open trade also benefits low-income households by providing consumers with more affordable goods and services.
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The correct answer is social loafing.
Social loafing refers to the phenomenon where a person puts in less effort to achieve a goal, when he/she is part of a group, compared to when he/she is working alone. Social loafing usually occurs due to diffusion of responsibility, where a person feels less responsible and motivated to help out, when he/she is in a group with other people. In this instance, Carlene demonstrates that she dislikes social loafing because she believes that when working in a group, there is always going to be someone who is content to sit back and let others do the work.
Answer: b. Marbury v. Madison
Explanation:
In Marbury v. Madison, the Supreme Court in an opinion written by Chief Justice John Marshall, declared an act of Congress unconstitutional. This was a first and from that day forth (February 24, 1803) the doctrine of Judicial Review was established. It is interesting to note that Thomas Jefferson declared that the concept of Judicial Review was unconstitutional but the decision remains unchallenged.
The popularity of the beatles compare with that of Elvis in the terms of ''fame'' Beatles was more famous than Elvis. The Beatles scored 4.423 vs. Elvis at 3.592. the marketing of these two rock icons cannot be compare, they both have same marketing value because they were both tailored to do a specific job.
The rock group had an impact on both popular culture and rock music. People have been motivated to explore their artistic creativity by their songs, albums, and cover art. They have an impact on society just by existing. By creating music that appealed to both age groups, The Beatles established a new trend and assisted in bridging the cultural divide between young people and adults.
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