0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
A company's profit motive benefits consumers by ensuring the products and services they need are available at a high quality what is this describing?
the invisible hand
What do we mean when we say invisible hand?
Adam Smith's invisible hand theory
Examples of the invisible hand?
There are many different types of examples of the invisible hand. The invisible hand could represent the verbal punishment a child gets for example.
Who wrote about the invisible hand in a market economy?
The person who wrote about invisible is a great economist,who is also considered as the father of economics "adam smith".he is the person who wrote about invisible hand.
What is The invisible hand is?
stuff RC
Need a sentence using invisible?
She held the ring in her hand and suddenly became invisible!
How does photosynthesis affect upper level consumers that are carnivores?
how does photosynthesis affect upper level consumers that are carnivores
Make a sentence with the word invisible?
He felt he was invisible to everyone.The invisible hand reached out and touched him on the shoulder.
How do consumers affect a business?
Consumers can affect a business based on consumptions of goods. The amount of goods that are bought and sold affect the profit and loss of a business.
What does the 'invisible hand' in the market place?
It suggests there is an invisible balance between supply and demand. If there's too much supply, the invisible hand pushes the price down until vendors are able to sell their overstock. If there is less demand (as for carriages when cars took over), the invisible hand guides production down and price up.
Self-regulating nature of the marketplace?
The invisible hand
What 2 invisible radiation from outer space may affect man?
Two invisible radiations from outer space which can affect humans are the infrared rays and the ultra-violet rays.
