Solved

When Private Jets,Inc

Question 74

Multiple Choice

When Private Jets,Inc.finds itself losing contracts because Global Aviation,Inc.charges less money,Private Jets responds by lowering its bids.According to Adam Smith,this reaction demonstrates _____.


A) the invisible hand of competition
B) collision
C) the right to private property
D) social responsibility

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions