Adam Smith Characterized the Operation of the Market System in the Following

Multiple Choice

Adam Smith characterized the operation of the market system in the following terms: (Please select all that apply.)

A) Private businesses are motivated by the goal of serving the common good
B) Though motivated by self-interest private businesses are inadvertently led to serve the common good
C) To make a profit businesses are led to serve the needs of customers
D) The common good is never realized through the pursuit of self-interest in the market