kenyela2 kenyela2

10-02-2019
Business

contestada

Audrey is debating the superiority of a market economy with her friend Bill. Audrey supports her argument in favor of a market economic system with Adam Smith's concept of the invisible hand. How might Bill effectively respond to Audrey in defense of a mixed economic system? Use the following questions to form a complete argument. a) Explain Adam Smith's concept of the invisible hand as it relates to market economies.

Respuesta :

16-02-2019

Adam Smith's invisible hand theory is the concept that in a market where people are free to buy and sell as they please, buyers will buy goods that sellers offer at prices that work for all parties.

Answer Link

Otras preguntas

The "Dino Dig, Inc." gas company has discovered large oil deposits in North Dakota over the last three years. With money from its company profits, it purchases

who first explored the St.lawrence river?

16) The purpose of a general election is to

cultural stereotypes are generally true for most people in france, vrai or faux? it’s french

The orientation and direction of a line can convey specific feelings. *blank* lines convey strength and power, whereas *blank* lines convey rest and tranquility

A lever has a mechanical advantage of 2.8. If you apply a force of 120 N to the lever , how much force does the lever apply to the object you are lifting?

27. (A-SSE.1.1a) A clothing store is having a sale in which all T-Shirts are $10. The sales tax is 5%. If Dan buys n T-Shirts during this sale, the total cost

End of World War I . Treaty of Versailles Collapse of the German, Austro-Hungarian and Ottoman Empires Financial losses Battlefield deaths Destruction of towns,

What type of evidence do you think would be most difficult to collect? Why? (Please explain answer)

An investment will pay $50 at the end of each of the next 3 years, $200 at the end of Year 4, $400 at the end of Year 5, and $500 at the end of Year 6. If other