According to Adam Smith and Other Economists, the Minimization of Total

Multiple Choice

According to Adam Smith and other economists, the minimization of total costs in a competitive industry:

A) results from the conscious actions of well-intentioned central planners.
B) results from resources being effectively allocated by trade boards.
C) is neither planned nor intended but results from individuals pursuing their own self-interest.
D) arises from a high level of cooperation among businesses, in terms of input and output plans.