Meaning of invisible hand
In a sentence, explain the meaning of the phrase “invisible hand.”
Expert
Market prices act as an “invisible hand,” coordinating an economy through rationing what are scarce and providing incentives to generate the most desired goods and services.
Normal 0 false false
Why do analysts compute financial ratios? Ratios are comparative measures. Since the ratio illustrates relative value, they let financial analysts to compare information which could not be compared in its raw form. For instance, rati
Trade credit is free credit. Do you agree or conflicting with this statement? Clarify. Trade credit is not free. It contains a cost. Who bears that cost based on the terms of the transaction among the grantor and the recipient of the trade c
How is finance associated to the fields of economics and accounting?
18,76,764
1950950 Asked
3,689
Active Tutors
1415144
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!