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blakeand blakeand
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5 years ago
Which of the following is true of Adam Smith's view of markets and resource allocation?
a) Markets allow decentralized decision making.
b) Markets discourage innovation.
c) Efficient markets depend on the goodwill of individuals.
d) Markets are usually inefficient in allocating scarce resources to the society.
Textbook 
Business and Its Environment

Business and Its Environment


Edition: 7th
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anhsuanhsu
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5 years ago
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blakeand Author
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You make an excellent tutor!
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this is exactly what I needed
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Helped a lot
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