Mark is an excellent cook. He does not have any formal training but learned to cook by following the recipes of several famous chefs and his mom. Every weekend, he invites friends over for dinner so he can try new dishes and get honest feedback from his friends. Mark wants to start his own restaurant someday because he thinks he would be successful and become wealthy. Which of Adam Smith’s ideas made Mark think of starting a restaurant?
invisible hand
self-interest
competition
laissez-faire

Question

04-08-2017
Business

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Mark is an excellent cook. He does not have any formal training but learned to cook by following the recipes of several famous chefs and his mom. Every weekend, he invites friends over for dinner so he can try new dishes and get honest feedback from his friends. Mark wants to start his own restaurant someday because he thinks he would be successful and become wealthy. Which of Adam Smith’s ideas made Mark think of starting a restaurant?
invisible hand
self-interest
competition
laissez-faire

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ahmedishaal ahmedishaal · Answer 1 · 2018-12-01T05:17:31+01:00

The answer is "self-interest".

Self-interest is characterized as being centered around yourself or putting yourself at leeway.

An example of Self-interest is pondering your necessities over the requirements of others around you.

Self-interest is when people settle on choices that are in their very own best advantage. Like when you choose to get up early in the day to go to work and profit, or when you pay the supermarket for sustenance that you might want to eat.

joelliana24 joelliana24 · Answer 2 · 2020-05-31T05:26:10+02:00

joelliana24 joelliana24

31-05-2020

Answer:

Self-interest

Explanation:

This is 100% the right answer because I got this question on a test and this was correct.

~Please mark me brainliest :)

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