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Which of the Following Statements Is Correct

Question 27

Multiple Choice

Which of the following statements is correct?


A) Markets are organized by the "invisible hand" of price mechanisms, whereas firms are organized by the "visible hand" of management
B) Markets are organized by the "visible hand" of price mechanisms, whereas firms are organized by the "invisible hand" of management
C) Firms and markets are two institutions that comprise the capitalist economy
D) Answers a and c

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