In Reference to Voluntary Trade,what Was Adam Smith the First

question 117

Multiple Choice

In reference to voluntary trade,what was Adam Smith the first to recognize?

• A)It does not happen very often.
• B)It may or may not benefit one or both of the parties to the trade.
• C)It benefits one party to the trade but only at the expense of the other.
• D)It benefits both parties to the trade.

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Definitions:

Employees Stop

Refers to a situation where employees cease work, often in the form of a strike or work stoppage, to protest working conditions, seek better wages, or other employment-related issues.

Hygiene Factors

Aspects of a job that can cause dissatisfaction if absent, according to Herzberg's motivation-hygiene theory, including salary, company policies, and working conditions.

Motivators

Factors that stimulate energy in people to be continually interested and committed to a job, role, or subject, and to exert persistent effort in attaining a goal.

Negative Factors

Elements or conditions that can cause harm, hinder progress, or create adverse effects in a given situation or environment.