Business, 05.12.2019 05:31 0273hdj

55. 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.

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