The Metaphor Used to Describe the Working of the Price

question 76

Multiple Choice

The metaphor used to describe the working of the price system to achieve efficiency in a free market is

• A)Occam's razor.
• B)the prisoner's dilemma.
• C)the invisible hand.
• D)the benefit principle.

---

Definitions:

Disappointing News

Information that fails to meet expectations or hopes, leading to a feeling of dissatisfaction.

Internal Crisis

A significant problem or emergency that occurs within an organization, impacting its operations, reputation, or stability.

Office Grapevine

Denotes the informal and unofficial communication network within an organization.

Persuasive Request

A communication aimed at convincing the recipient to agree with a proposal or view through reasoning and appeal.