Which of the Following Is a Major Implication of the Invisible

question 321

Multiple Choice

Which of the following is a major implication of the invisible hand concept?

• A) When directed by competitive market prices, the actions of self-interested individuals will tend to promote overall economic prosperity.
• B) Prosperity cannot be achieved unless the selfish nature of people can be changed.
• C) Competition is harmful to the health of an economy because it results in wasteful duplication.
• D) Government-operated firms tend to have higher efficiency and lower costs than private sector firms.

---

Definitions:

Aquatic Organisms

Living beings that inhabit water environments, ranging from freshwater to marine ecosystems.

Decomposition

The process by which organic substances are broken down into simpler forms of matter, often involving the action of bacteria and fungi.

Primary Producers

Organisms, usually plants and algae, that can produce their own food through photosynthesis, forming the base of the food web.