What describes Adam Smiths concept of the natural price?

1 Answer

Answer :

The price of any item that is equal to the costs of producingit.

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Last Answer : Big Mouth Strikes Again.

Description : Who is this on the cover of this The Smiths album?

Last Answer : It looks like a young Linda Evans.

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Last Answer : I really liked their compilation album “The World Won’t Listen”. My favorite song is “Asleep”; it’s hauntingly beautiful and I love to play it on my piano.

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Last Answer : A nice caring cute boy!!:)...with nice brown eyes!!:) money money $$$345.89

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Last Answer : A nice caring cute boy!!:)...with nice brown eyes!!:) money money $$$345.89

Description : What is Smith's favorite color?

Last Answer : Green.

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Last Answer : maybe his favorite animal is a tiger :))))))

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Last Answer : 10 and 11

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Description : _____________ is a computing concept that describes the idea of everyday physical objects being connected to the internet. A. IOT (Internet of Things) B. MQTT C. COAP D. SPI

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Last Answer : D)They are different terms for the concept of price.

Description : Decreases in price of a product results in increased consumption of the product as the product becomes cheaper compared to other products. This effect is known as (a) Substitution effect ; (b) Income effect ; (c) Diminishing marginal utility concept; (b) Law of diminishing returns 

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