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    Exam 12: Competition and the Invisible Hand
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    Invisible Hand Property 1 Says That Without Any Single Person
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Invisible Hand Property 1 Says That Without Any Single Person

Question 94

Question 94

Multiple Choice

Invisible Hand Property 1 says that without any single person in charge, free markets will result in equal ______ and price will be set to it.


A) average costs
B) marginal costs
C) fixed costs
D) demand curves

Correct Answer:

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