If Buyers and Sellers Were Free to Pursue Their Own

question 62

Multiple Choice

If buyers and sellers were free to pursue their own selfish interests,according to the invisible hand theory,the result would be

• A) anarchy.
• B) exploitation of workers and natural resources.
• C) an equitable allocation of resources.
• D) poor customer service.
• E) an efficient allocation of resources.

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Definitions:

Diagnosis

The identification of the nature of an illness or other problem through the examination of symptoms.

Drawing Test

A psychological assessment method where individuals are asked to draw objects or scenes as a way to evaluate various aspects of personality, intelligence, or emotional state.

House-Tree-Person

A rephrased definition for the House-Tree-Person Test, this projective drawing test is used to obtain a representation of a person's cognitive, developmental, and emotional state.

Kinetic Family Drawing

A projective psychological test that involves drawing a picture of one's family doing something together, used to understand family dynamics and emotional issues.