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

---

Definitions:

Optic Chiasma

The Optic Chiasma is the X-shaped structure formed at the point where the optic nerves cross over each other, located at the base of the brain.

Optic Nerves

The pair of cranial nerves transmitting visual information from the retina to the brain.

Posteriorly

Relating to or located toward the back or rear of an organism or structure.

Cranial Nerves

Twelve pairs of nerves that arise directly from the brain, not from the spinal cord, and pass through various foramina in the skull to innervate structures in the head, neck, and some other areas.