Question

1.Markets are regulated by the '' invisible hand'' (True or False)
2. Competition ensures that customers will not be able to purchase products at the lowest possible prices (True or False)
3. Government regulations do NOT influence the inner workings of a free-market. (True or False)
4.______ ensures that customers will be able to purchase products at the lowest possible prices. (A.) Profit (B.) Scarcity (C.) Efficiency (D.) Competition

Answer 1

false, true,false profit