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According to Adam Smith

Question 173

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According to Adam Smith


A) government intervention in markets is not desirable because an invisible hand leads decisions made in pursuit of self-interest to unintentionally promote the social interest.
B) in a market transaction buyers can either get what they want for less than they would be willing to pay or sellers can make a profit,but both buyers and sellers can't gain simultaneously.
C) politicians are well-equipped to regulate corporations and intervene in markets to improve market outcomes.
D) when big corporations pursue their self-interest of maximum profit,they will inevitably conflict with social interest.
E) the self-interest and the social interest never conflict.

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