According to the Invisible Hand Theorem,when Competitive Markets Are Used

question 75

Multiple Choice

According to the Invisible Hand Theorem,when competitive markets are used to allocate resources

• A) no further gains from trade can be created.
• B) selfish behavior will cause socially undesirable outcomes.
• C) the resulting distribution of income will be fair and equitable.
• D) each good's price will equal the value of the labor used in its production.

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Technology that uses thin strands of glass or plastic fibers to transmit data as pulses of light, offering high-speed data transmission over long distances.

Secure Cable

Wiring or cabling systems designed to protect data transmission from interception, interference, or theft.

Coaxial

A type of cable that transmits data and signals, characterized by its concentric layers of conductors and insulating material.

Copper

A metal used in electrical wiring and telecommunication cables due to its excellent electrical conductivity.