Business, 17.03.2020 05:23 mmelody5

The "invisible hand" refers to a. the fact that social planners sometimes have to intervene, even in perfectly competitive markets, to make those markets more efficient. b. the automatic maximization of consumer surplus in free markets. c. the equality that results from market forces allocating the goods produced in the market. d. the marketplace guiding the self-interests of market participants into promoting general economic well-being.

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The "invisible hand" refers to a. the fact that social planners sometimes have to intervene, even in...