Based on the passage as a whole, which of the following would most likely approximate Smiths views

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Based on the passage as a whole, which of the following would most likely approximate Smith’s views on competition in the marketplace?
F. Competition is a good thing because it keeps prices for goods and services low for the consumer.
G. The government should try to eliminate competition because people make purchases based on self-interest.
H. Competition is positive, for it causes profit margins to increase and thereby increases market prices.
J. The government should foster competition in order to boost the country’s economy in times of recession.

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10 ACT Practice Tests

ISBN: 9780071591461

2nd Edition

Authors: Steven Dulan

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