Competition,according to Adam Smith,would Lead to Consumers Receiving the Best

question 77

Multiple Choice

Competition,according to Adam Smith,would lead to consumers receiving the best possible products and prices because _____.

• A)government interference in economic activity would be maximized
• B)less efficient producers would be driven out of the market
• C)increased supply of raw materials would lead to increased production
• D)natural resources would be utilized more efficiently

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Definitions:

Work-Experience

Practical experience gained through performing tasks or working in a specific field or job.

Workplace Policy

Guidelines and rules established by an organization to outline expectations and procedures for its employees.

Main Point

The most important or central piece of information, idea, or argument in a discussion, presentation, or piece of writing.

Organizational Pattern

The arrangement of ideas, evidence, or details in a coherent structure within a piece of writing or speech.