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ccording to Adam Smith in The Wealth of Nations, which best describes profit incentive? a. Businesses have a financial incentive to ensure supplies are sufficient. b. Businesses must have incentives
to ensure their survival. c. Businesses must do what they feel is best to generate profits. d. Business do best when they provide people with what they want and need.
According to Adam Smith in The Wealth of Nations d. Business do best when they provide people with what they want and need. [ best describes profit incentive ]
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User: ccording to Adam Smith in The Wealth of Nations, which best describes profit incentive? a. Businesses have a financial incentive to ensure supplies are sufficient. b. Businesses must have incentives to ensure their survival. c. Businesses must do what they feel is best to generate profits. d. Business do best when they provide people with what they want and need.

Weegy: According to Adam Smith in The Wealth of Nations d. Business do best when they provide people with what they want and need. [ best describes profit incentive ]
Expert answered|selymi|Points 12487|

User: New oil reserves have been discovered in Country A. This will have the following effect: a. demand for oil will increase. c. the supply of oil will increase. b. a future shortage will be created. d. the equilibrium price in the future will increase

Weegy: New oil reserves have been discovered in Country This will have the following effect: c. the supply of oil will increase
Expert answered|JM_02|Points 10|

User: All consumers have received a tax cut. What happens to the equilibrium price of automobiles? a. increases c. remains the same b. decreases d. none of the above

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Asked 1/11/2014 9:21:16 AM
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Questions asked by the same visitor
The term that describes how markets regulate themselves is known as: a. laissez-faire. c. the circular flow of income. b. the invisible hand. d. a command economy.
Question
Not Answered
Updated 1/8/2014 12:26:42 PM
1 Answer/Comment
The term that describes how markets regulate themselves is known as:
B. The invisible hand.

Added 1/8/2014 12:26:42 PM
This answer has been confirmed as correct, not copied, and helpful.
What is the product market? a. the market in which payments are received for selling products to consumers b. the market in which income is received for supplying land, labor, or capital c. the market in which firms purchase the factors of production from households d. the market in which households purchase the goods and services that firms produce
Question
Not Answered
Updated 85 days ago|10/24/2016 5:57:40 AM
1 Answer/Comment
The product market is the market in which households purchase the goods and services that firms produce.
Added 85 days ago|10/24/2016 5:57:40 AM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by jeifunk [10/24/2016 6:15:38 AM]
Which of the following is the most that a shareholder in a corporation can lose? A. all personal assets B. amount paid for owned shares C. a percentage of total corporate losses D. interest collected from owned shares
Question
Not Answered
Updated 1/25/2014 6:15:12 AM
1 Answer/Comment
The most that a shareholder in a corporation can lose is: B. amount paid for owned shares.
Added 1/25/2014 6:15:12 AM
This answer has been confirmed as correct, not copied, and helpful.
When corporations and shareholders each pay taxes on the same money it is called __________ taxation. A. dual B. repeat C. double D. shadow
Question
Not Answered
Updated 363 days ago|1/20/2016 11:47:09 AM
1 Answer/Comment
When corporations and shareholders each pay taxes on the same money it is called Double taxation.
Added 363 days ago|1/20/2016 11:47:09 AM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by Andrew. [1/20/2016 12:32:48 PM]
Ownership of a corporation is __________ to transfer. A. easy B. difficult C. impossible D. impractical
Question
Not Answered
Updated 1/8/2014 5:52:33 PM
5 Answers/Comments

Ownership of a corporation is EASY to transfer.

Added 1/7/2014 4:54:26 PM
This answer has been confirmed as correct, not copied, and helpful.
easy
Added 1/7/2014 6:23:54 PM
This answer has been flagged as incorrect.
Rated good by skij2, Rated bad by skij2, Rated good by skij2, Flagged by paral [1/8/2014 7:21:57 PM]
skji2, please don't post duplicate answers. Also, answers should be in a sentence that restates the question and a source should be provided to confirm accuracy.
Added 1/8/2014 10:10:29 AM
idk... easy?
Added 1/8/2014 5:46:02 PM
This answer has been flagged as incorrect.
Flagged by paral [1/8/2014 7:21:57 PM]
For some reason flags are not sticking.
Added 1/8/2014 5:52:33 PM
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