Which of the Following Is Necessary for the Invisible Hand

question 231

Multiple Choice

Which of the following is necessary for the invisible hand of market prices to work properly?

• A) buyers and sellers who generally tend to disregard their own self-interest
• B) democratic political procedures and highly regulated markets
• C) price controls that restrict the movement of market prices
• D) competition and property rights that are well-defined and enforced

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Definitions:

Records

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Criteria Row

A row in a spreadsheet where conditions are specified to filter data according to specific requirements.

Customer Name

The personal or official name of an individual or organization that purchases goods or services from a business.

Design View

A feature in various software applications, especially databases, where users can create or modify structures and elements visually without using code.