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Explain why Adam Smith thought that laissez-faire economics would benefit everyone in society?
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∙ 11y ago
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∙ 11y ago
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what is the benefit of economicsin M.A
What is a direct benefit of the use of assembly line in production in economics?
Wasted motion is eliminated
What is one way that economics can influence your daily life?
Very. Everything you do is part of economics, the cost/benefit principal is used most often when trying to make decisions.
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Benefits of MA in economics?
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What do economics use to test solutions to questions for which there are no obvious or easy answers?
Cost benefit analyses
What is a direct benefit of the use of assembly line in production in economics?
Wasted motion is eliminated
What istrickle-down economics?
Trickle-down economics means from the top to the bottom. For example, the richest part of the economy creates jobs and invests, and the poorest parts benefit from it.
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you can tie mean girls to economics by calling attention of social construction of traditional economics hence produce things like family economics.
What is one way that economics can influence your daily life?
Very. Everything you do is part of economics, the cost/benefit principal is used most often when trying to make decisions.
What is the definition of economics by feliciano fajardo?
Feliciano Fajardo defines economics as the correct and efficient use of resources. These resources should be used so that the greatest benefit is received by the people.
What would be the benefit if everyone recycled?
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What approach do you take to get people to accept your ideas or department goals?
You can influence someone by telling more than one person and getting them to campaign for you as well. You can also explain the reasoning behind your idea and how it will benefit everyone.
