--%>

Invisible hand of Adam Smith

Invisible hand” of Adam Smith refers to the combined results of: (w) monopoly plus altruism. (x) democracy and freedom. (y) self-interest plus competition. (z) taxes and government regulation.

I need a good answer on the topic of Economic problems. Please give me your suggestion for the same by using above options.

   Related Questions in Public Economics

  • Q : Explain about the term whom in

    The fundamental economic questions are "What?”, “How?”, and “For whom”? When we ask, "For whom?", we need to know who will: (w) produce the goods. (x) consume the goods. (y) get the profits. (z) decide wh

  • Q : Illustrate an example of Efficiency in

    Bobby Joe Bob owns a hog feed factory within Los Angeles, CA. Oddly adequate, there is not a large market for hog feed within L.A. Bobby Joe Bob moves his operation to a minute, backwards town termed as The Sticks, NC, where a huge market for hog feed awaits him. That

  • Q : When recently develope theory least

    Recently developed theory is least probable to evolve in common sense when this fails to: (i) conform to the principle of Occam’s razor. (ii) be consistent along with extensively-accepted previous theories. (iii) have realistic assumptions. (iv) accurately descr

  • Q : Classified resources within the broad

    Can anybody recommend me the proper explanation for specified problem regarding how classified resources within the broad categories: (i) Economic goods, free goods, and bads. (ii) Productive and nonproductive goods. (iii) Land, labor, capital, and en

  • Q : Define the inflation most influences

    Please help me to solve the problem of Prices that is given below: Inflation most influences: (i) absolute prices. (ii) subjective values. (iii) relative prices. (iv) objective prices. (v) tax rate

  • Q : Study of economics is largely explain

    Hello guys please explain to how study of economics is broadly focused: (w) firms operate, (x) consumers make a decision what to buy, (y) Scarce resources are allocated to satisfy human requirements and (z) Resource ownership finds out the distribution of wealth and i

  • Q : Existence of scarcity for human survival

    Please help me to solve the problem of scarcity that is given below: Why is Scarcity existed for human: (1) survival requires unlimited resources, (2) needs are enormous relative to the means obtainable to satisfy

  • Q : Current situation- better off without

    When it is possible to make somebody better off without making anybody worse off, the current condition is: (w) efficient. (x) inefficient. (y) optimal. (z) simply enhanced. How can I solve my problem of Economic Efficiency

  • Q : What would be contained in fundamental

    Fundamental economic questions consist of: (w) what, for whom and how. (x) where, how and when. (y) when, how and what. (z) how many, how much and what color,. Hey friends please give your opinion for the problem o

  • Q : Explain about the Opportunity Cost in

    Opportunity cost is explained as the value of the: (w) best alternative specified for the decision made. (x) sum of all alternative choices while a decision is made. (y) monetary cost of making a decision. (z) cost incurred while one ignores alternati