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lara31 [8.8K]
2 years ago
12

10. Which of the following scenarios would best exemplify Adam Smith's view of best serving the

Business
1 answer:
nordsb [41]2 years ago
8 0

E. Individuals in the country may pursue their own economic growth and self-interest by doing whatever is best for them

Explanation:

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hammer [34]

Answer: C. clean and fast-growing and that pay

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2 years ago
What are the opportunity costs of going to the gym for a workout rather than studying for an economics test?
NARA [144]

Answer:

see below

Explanation:

Opportunity cost is the value of the forfeited benefits as a result of making a decision in a certain way. Decision making involves choosing one item over others. The cost or value of the option not chosen is the opportunity cost. The value of the forfeited option is the opportunity cost.

In choosing to go to the gym, the forgone activity is studying for the economic exam. The benefits associated with studying for the economic test is the opportunity cost. The value attached to the economic test, such as good grades, passing the test,  or any reward arising from studying for the test, is the forfeited benefit and hence the opportunity cost.

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3 years ago
At MultiMarkets, a chain of retail stores, top management decided to respond to the growing challenge of online retail websites
Kobotan [32]

Answer:

False

  • At MultiMarkets, a chain of retail stores, top management decided to respond to the growing challenge of online retail websites with <u>DECENTRALIZED</u> planning , using planning experts to help store managers develop their own plans.

Explanation:

In a corporation, decentralized planning means that some planning functions and decision making processes are delegated to lower level managers.

In this case, MultiMarkets' upper management is delegating planning functions to local store managers as a way to respond to an increase in online retailing.

4 0
3 years ago
By how much did the pace of tuition hikes exceed the 2013 average rate of inflation?
Talja [164]
<span>The pace of tuition hikes exceeded the 2013 average rate of inflation by two and 9/10 (2.9) percent. This was a smaller jump than pace of tuition hikes over the average rate of inflation 2012, which was four and one-half (4.5) percent.</span>
4 0
3 years ago
During the "design" step of appreciative inquiry, participants ________.A) find a common vision of how the organization will loo
Mila [183]

Answer:

The correct answer is A) find a common vision of how the organization will look in the future

Explanation:

4 0
3 years ago
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