Adam Smith published The Wealth of Nations in 1776. In this passage, he discusses what motivates people in a capitalist system. Every individual is continually exerting himself to find out the most advantageous employment for whatever capital he can command. It is his own advantage, indeed, and not that of the society, which he has in view. But the study of his own advantage naturally . . . leads him to prefer that employment which is most advantageous to the society. –The Wealth of Nations, Adam Smith According to Smith, what is the primary economic motivation for most people? private ownership self-interest competition free trade

performances and sculptures

answer

explanation

the given equation is

we can rewrite this as:

let

then the equation becomes:

the factors of 8 that sum up to -9 are {-1,-8}

we split the middle term with these factors to obtain,

we factor by grouping to obtain:

apply the zero product property to get:

but

when a country suffers, for example, a drought period, the market product is affected for a low offer, in this case, potatoes; the government has to tax to the households, which have to give more money for the potatoes which they consume, that situation make them consume substitute goods even through loans, it could increase the financial market movement and the inflationary phenomena, the business has to increase salaries in order to the employees could buy a more expensive food (potatoes) and in order to inflation tha business had to buy expensive supplies in the factor market, while the rest of the world have to gain more money to consume the same amount of potatoes.