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Alex73 [517]
3 years ago
6

According to the invisible hand concept, the best way for a society to encourage the creation of jobs and the production of the

products most wanted by consumers would be to:
Business
1 answer:
shtirl [24]3 years ago
4 0

Answer:

The correct answer is "Allow entrepreneurs personal freedom to follow their self-interest"

Explanation:

According to the invisible hand concept, the best way for a society to encourage the creation of jobs and the production of the products most wanted by consumers would be to allow entrepreneurs personal freedom to follow their self interest.

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Durban Metal Products, Ltd., of the Republic of South Africa makes specialty metal parts used in applications ranging from the c
gladu [14]

Answer:

<u>Overhead Report for heavy-duty trailer axles.</u>

Order size ($ 16.85 × 200)              $3,370.00

Customer orders ($ 320.00 × 1)        $320.00

Product testing ($ 89.00 × 4)            $356.00

Selling ( $ 1,090.00 × 2)                  $2,180.00

Total                                                 $6,226.00

Conclusion :

The total overhead cost assigned to the order is $6,226.00

Explanation:

ABC system allocates overheads to jobs using cost drivers.

First an Activity Center where costs accumulate is identified these can be several in our scenario we have four Activity Centers.

Then the Cost driver rate is calculated for each Activity Center. Our question has provided these.

The final step is to allocate the overheads to a particular job using the cost driver rate.

7 0
4 years ago
Singapore banned the import, manufacture, and sales of chewing gum in the country since wads of gum were making a mess on sidewa
Montano1993 [528]

Answer:

Singapore way of governance is undisputed by their citizens based on the question. The statement shows that their is a definite harsh and strict way of rule in Singapore. Here is why,

Explanation: Whenever a state can administer a form of punishment to its people on otherwise non life threatening matters, it clearly shows that:

1. The state itself has a style of leadership that is somewhat harsh and autocratic.

2.Their is a definite sense of grip by the leaders to control and dictate what suits their desire.

3.These could also translate as an effective method of governance if the people are fairly okay with the implementations and rules in place. For Singapore all the above seem to fall in place concerning the above question. Therefore it is safe to say all three points apply in the above question concerning Singapore.

6 0
3 years ago
Read 2 more answers
You are considering the purchase of a condominium to use as a rental property. You estimate that you can rent the condominium fo
Nastasia [14]

Answer:

It can take a mortgage up to 90,819 dollars

Explanation:

1,300 per month

-300 maintenance and other cost

1,000 per month

What is the PV of an annuity of 1,000 dollars

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 1000        (proceeds from the rent)

time  240         (20 year x 12 month per year)

rate 0.01          ( 12% / 12 months = 1%)

1000 \times \frac{1-(1+0.01)^{-240} }{0.01} = PV\\

PV $90,819.4163

It can take a mortgage up to 90,819 dollars

3 0
4 years ago
What is a green thumb?
solmaris [256]
An ability to care for plants. Gardener’s green thumb
3 0
3 years ago
Read 2 more answers
Marty,a 16-year-old,contracted with Cream-of-the-Crop Cycles to buy an $8,000 motorcycle.He agreed to make monthly payments unti
jenyasd209 [6]

Answer:

C) Marty has ratified the contract and is now bound by its terms.

Explanation:

Ratified Contract : This refers to a contract in which the terms have been agreed upon by all parties involved but has not yet been fully executed, signed, and delivered. The typical steps in the contract process include the offer, acceptance, consideration, and ratification. So, in the case of Marty, the contract has been ratified and she is bound by it terms.

6 0
3 years ago
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