Which of the Following Is True of the Invisible Hand

question 6

Multiple Choice

Which of the following is true of The Invisible Hand Theorem?

• A)Monopoly pricing will not distort efficiency as long as consumers are willing to pay the prices of the monopolists.
• B)There can be no taxes of any kind.
• C)Any position on the consumer contract curve can be efficient.
• D)The slope of the production possibilities curve is not affected by movements along the production contract curve.

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