Answer:
The correct answer is letter "C": the invisible hand.
Explanation:
In Economics, the term "invisible hand" refers to the belief that markets are created according to the demands and needs of individuals who take advantage of opportunities without the need for the intervention of other parties like a government. The term was coined by Scottish Enlightenment thinker Adam Smith (1723-1790) in his book "<em>An Inquiry into the Nature and Causes of the Wealth of Nations</em>" (1776).
Answer:
The correct answer is a. Theory of planned action.
Explanation:
The theory of planned behavior was developed in 1985, based on the Theory of Reasoned Action. This theory contains five variables that include behavior, intention, attitude, subjective norm and control of perceived behavior.
Unlike the theory of reasoned action, the control of perceived behavior is added to the theory of planned behavior, which refers to a person's perceptions of the presence or absence of resources and opportunities required, however, this element it is not presented in the theory of reasoned action, and the theory of planned behavior has proven to be superior to the theory of reasoned action for predicting behavior.
Answer:
1,000,000
Explanation:
As there are constant returns to scale the cost to produce a greater output will grow following a linear fucntion thus,
if 100 units units are produced at a cost of 200,000 dolllars
then 500 units will be produced five times that amount:
200,000 x 500/100 = 200,000 x 5 = 1,000,000
The total cost for 500 units will be a million dollars
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A. $2164.89
Basically just subtract, 3,678.89-1514 = 2,164.89