Adam Smiths invisible hand refers to a the subtle and often hidden methods that businesses use to
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Adam Smith’s ‘invisible hand’ refers to a the subtle and often hidden methods that businesses use to profit at consumers’ expense.
b the ability of free markets to reach desirable outcomes, despite the self-interest of market participants.
c the ability of government regulation to benefit consumers, even if the consumers are unaware of the regulations.
d the way in which producers or consumers in unregulated markets impose costs.
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