subject
Business, 03.04.2020 02:49 madelynreynolds4757

The phrase "invisible hand" means that:

no one person or firm actually sets the price.

The tendency of competition to cause individuals and firms to unintentionally promote the interests of society.

market prices are not always known to buyers and sellers.

buyers and sellers often do not meet so the transactions are invisible.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 04:50
Problem 9-5. net present value and taxes [lo 1, 2] penguin productions is evaluating a film project. the president of penguin estimates that the film will cost $20,000,000 to produce. in its first year, the film is expected to generate $16,500,000 in net revenue, after which the film will be released to video. video is expected to generate $10,000,000 in net revenue in its first year, $2,500,000 in its second year, and $1,000,000 in its third year. for tax purposes, amortization of the cost of the film will be $12,000,000 in year 1 and $8,000,000 in year 2. the company’s tax rate is 35 percent, and the company requires a 12 percent rate of return on its films. required what is the net present value of the film project? to simplify, assume that all outlays to produce the film occur at time 0. should the company produce the film?
Answers: 2
question
Business, 22.06.2019 08:00
Why do police officers get paid less than professional baseball players?
Answers: 2
question
Business, 22.06.2019 21:00
An important source of public scrutiny is "watchdogs." these are: the efforts of a firm's competitors, including how often the competitors attack the firm's strategies. taxpayer-supported government agencies that limit a firm's ability to compete in foreign markets. companies designated by the government to only produce products that support the government defense program. socially conscious groups that make it their mission to measure the social responsibility levels of businesses, and provide consumers with their opinions about the level of corporate responsibility of various companies.
Answers: 2
question
Business, 23.06.2019 02:30
How is the role of government determined in the american free enterprise system?
Answers: 2
You know the right answer?
The phrase "invisible hand" means that:

no one person or firm actually sets the price.
Questions
Questions on the website: 13722363