Which Is the Most Correct Statement About the Invisible Hand

question 119

Multiple Choice

Which is the most correct statement about the invisible hand?

• A)The invisible hand always ensures both equity and efficiency.
• B)The invisible hand cannot ensure either equity or efficiency.
• C)The invisible hand is more effective at ensuring efficiency than it is at ensuring equity.
• D)The invisible hand is more effective at ensuring equity than it is at ensuring efficiency.

---

Definitions:

High-End Segments

Market segments composed of consumers who purchase luxury or premium products and services.

Low-End Segments

Market segments that target price-sensitive consumers by offering products with fewer features or lower quality at a reduced price.

Multiple Products

Refers to a range of different products offered by a company, aimed at catering to varying customer needs and market segments.

Customers' Needs

The requirements or desires that clients seek to fulfill with products or services.