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In his famous book The Wealth of Nations, Adam Smith argues that: a. producers are motivated by pride b. economic agents are motivated by rational
In his famous book The Wealth of Nations, Adam Smith argues that:
a. | producers are motivated by pride | |
b. | economic agents are motivated by rational self-interest | |
c. | producers are motivated by wishing to maximise welfare in society | |
d. | welfare is maximised by minimising selfishness | |
e. | business profits at consumers expense |
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