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2 years ago

Which of these principles did adam smith believe essential to the survival of an economy?.

1 answer:

3 0

There are different kinds of theory. The principles that Adam Smith believe essential to the survival of an economy is the freedom to land and hold on to business profits.

<h3>What kinds of freedom did Adam Smith believe were vital to the survival of any economy? </h3>

Adam Smith was known to believe that the making of more resources available to all can make us to be more wealthier.

He believed freedom was important, such as the freedom to own land or property and hold on to the profits. He believed that people will participate in working very well, if they are given reward.

L earn more about Adam Smith from

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Which product would be considered part of the business-to-business market?

JulijaS [17]

The product that would be considered part of the business-to-business market is the <u>b) Lumber needed to make furniture</u>.

<h3>What is a business-to-business market?</h3>

A business-to-business market describes a process whereby goods or services are exchanged for the production of other goods or services.

In this market, the buying organization is not the final consumer but a producer of goods from the purchased inputs.

<h3>Question Completion with Answer Options:</h3>

a) Classes at a university for a college freshman

b) Lumber needed to make furniture

c) A haircut from a salon

d) Appliances needed for your home

Thus, the product that would be considered part of the business-to-business market is the <u>b) Lumber needed to make furniture</u>.

Learn more about the business-to-business market at brainly.com/question/25492268

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1 year ago

This type of pay is defined as added pay for employees that have reached the maximum of a pay grade and are unlikely to move int

Anna71 [15]

The answer is <span>longevity pay.</span>

5 0

3 years ago

Pureform, Inc., manufactures a product that passes through two departments. Data for a recent month for the first department fol

8_murik_8 [283]

Explanation:

Equivalent units

Materials Labor Overhead

Work in process inventory, 23,100.00 34,650.00 34,650.00

beginning

Units started and completed 6,73,000.00 6,73,000.00 6,73,000.00

Work in process inventory, 28,000.00 14,000.00 14,000.00

ending

Equivalent units 7,24,100.00 7,21,650.00 7,21,650.00

First department cost per unit for first department

Materials Labor Overhead Total

Current costs 11,94,765.00 2,88,660.00 5,05,155.00 19,88,580.00

Equivalent units 7,24,100.00 7,21,650.00 7,21,650.00

Cost per Equivalent unit 1.65 0.40 0.70 2.75

The equivalent units for materials,labor and overhead are as follows:

Equivalent units

Materials 724,000

Labor 721,650

Overhead 721,650

In addition,the cost per unit for equivalent units are as follows:

Materials 1.65

Labor 0.40

Overhead 0.70

Total 2.75

7 0

3 years ago

Proponents of rational expectations argued that the sacrifice ratio:______.a. could be high because people might adjust their ex

Arte-miy333 [17]

Answer:

b. could be low because people might adjust their expectations quickly if they found anti-inflation policy credible

Explanation:

In the given situation, it is mentioned that the rational expectations proponets said that the sacrified ratio would be lesser as the people wants to adjust their expectations in a fastest way in the case when they found that the anti-inflation policy is credible

Therefore as per the given situation, the option b is correct

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3 years ago

Once mylie's total utility begins to decrease, does each additional singing of the song hurt more than the previous one or less

True [87]

When total utility starts to decrease, each additional song hurts MORE than the previous song.

6 0

3 years ago