Which of the Following Statements Is Correct

question 27

Multiple Choice

Which of the following statements is correct?

• A)Markets are organized by the "invisible hand" of price mechanisms, whereas firms are organized by the "visible hand" of management
• B)Markets are organized by the "visible hand" of price mechanisms, whereas firms are organized by the "invisible hand" of management
• C)Firms and markets are two institutions that comprise the capitalist economy
• D)Answers a and c

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