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KIM [24]
2 years ago
7

When every economic unit in a society attempts to achieve its own particular goal, usually requiring delivering something of val

ue to others, it is referred to as ______.
Business
1 answer:
Alexus [3.1K]2 years ago
5 0

When every economic unit achieves its own particular goal, perhaps by delivering something of value to others, it is referred to as ___self-interest___.

<h3>What is self-interest?</h3>

Self-interest is an action motivated to achieve personal goals or advantages. According to Adam Smith, when individuals pursue their self-interests, they satisfy the general public by providing some goods or services in exchange.

Thus, when individuals or every economic unit achieves its self-directed goals, they usually satisfy their self-interest while delivering something of value to others.

Learn more about self-interest at brainly.com/question/1219935

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Differential costs ______. Multiple choice question. are always variable costs include all costs related to a decision can be fi
natka813 [3]

Answer:

Can be fixed or variable

Explanation:

8 0
2 years ago
Define private equity funds economics. ​
Bingel [31]

its like keeping the funds private and makeing sure no one knows alot about it

4 0
3 years ago
The effort of one good coworker can offen motivate others to reach their potential through a process called
Semmy [17]

I say the answer is B but i might be wrong

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3 years ago
Read 2 more answers
Comfy Inc. uses five yards of wool in each blanket it produces. Comfy’s production budget next year is 30,000 blankets. The anti
Kamila [148]

Answer:

wool purchased = 140,000 yards

Explanation:

given data

wool in each blanket = five yards

production budget = 30,000 blankets

beginning inventory = 30,000 yards

Ending inventory = 20,000 yards

wool costs = $10

to find out

How many yards of wool should Comfy purchase

solution

we get first production in yards that is

production in yards = 30,000 × 5

production in yards = 150,000

and

wool purchased will be

wool purchased = production - ( beginning inventory -  Ending inventory)

wool purchased = 150,000 - ( 30000 - 20000 )

wool purchased = 140,000 yards

7 0
3 years ago
Gasoline and bicycles are substitutes in consumption. Suppose we increase the federal gasoline tax to $1 per gallon.
marin [14]

If the federal gasoline tax increases to $1 per gallon, the gasoline price rises, demand for bicycles shifts rightward.

Option B

<u>Explanation:</u>

If the price of gasoline increases, then probably there will be a decrease in the consumption of the same as a result of which the demand for the substitute product, bicycle increases.

Demand curve a graphical representation of changes in the product or service demanded along with the changes in the cost or price of the service or product. Increase in the demand for a product, is generally represented by the rightward shift in the demand curve.

8 0
3 years ago
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