Multiple Choice
The pre-trade Home equilibrium will provide the highest level of consumer satisfaction from domestic resources whenever:
A) the marginal products of labor are equal.
B) capital and technology are not factors in the decision of what to produce.
C) perfect competition exists in product and labor markets.
D) Adam Smith's "invisible hand" is not an interfering factor.
Correct Answer:
Verified
Correct Answer:
Verified
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