Homework answers / question archive / Which of the following is not a condition that is required for the invisible hand to minimize total costs of production and to achieve the proper balance of industries? a

Which of the following is not a condition that is required for the invisible hand to minimize total costs of production and to achieve the proper balance of industries? a

Marketing

Share With

Which of the following is not a condition that is required for the invisible hand to minimize total costs of production and to achieve the proper balance of industries?

a. Prices must accurately signal costs.

b. Markets must be competitive.

c. Prices must accurately signal benefits.

d. Markets must be regulated.