When the invisible hand is at work,
A)the price system will sometimes give incorrect cost signals to consumers.
B)the price system will allocate resources based only on consumer need.
C)all prices will be set equal to marginal costs.
D)there will be some shortages and surpluses that cannot be avoided.

Question

Quizplus · Accepted Answer

The Answer of When the invisible hand is at work,
A)the price system will sometimes give incorrect cost signals to consumers.
B)the price system will allocate resources based only on consumer need.
C)all prices will be set equal to marginal costs.
D)there will be some shortages and surpluses that cannot be avoided.

When the Invisible Hand Is at Work