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Which of the following about the invisible hand theory is NOT correct? Answer In

ID: 1172942 • Letter: W

Question

Which of the following about the invisible hand theory is NOT correct? Answer In general, the invisible hand in the market system would direct resources to their most productive uses. When the invisible hand theory works, it means "smart for one, smart for all". Big antlers for male elk can be used as evidence that the invisible hand theory works in biology as well. In the market system, the invisible hand refers to people's profit motive. Which of the following about the invisible hand theory is NOT correct? Which of the following about the invisible hand theory is NOT correct? Which of the following about the invisible hand theory is NOT correct? In general, the invisible hand in the market system would direct resources to their most productive uses. In general, the invisible hand in the market system would direct resources to their most productive uses. When the invisible hand theory works, it means "smart for one, smart for all". When the invisible hand theory works, it means "smart for one, smart for all". Big antlers for male elk can be used as evidence that the invisible hand theory works in biology as well. Big antlers for male elk can be used as evidence that the invisible hand theory works in biology as well. In the market system, the invisible hand refers to people's profit motive. In the market system, the invisible hand refers to people's profit motive. In general, the invisible hand in the market system would direct resources to their most productive uses. When the invisible hand theory works, it means "smart for one, smart for all". Big antlers for male elk can be used as evidence that the invisible hand theory works in biology as well. In the market system, the invisible hand refers to people's profit motive.

Explanation / Answer

In the market system, the invisible hand refers to people's profit motive.


because of invisibility

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