Social Sciences, asked by Faheem9146, 11 months ago

certain markets are invible comments? why is it called that?

Answers

Answered by TonightGamer73

Answer:

The unobservable market force that helps the demand and supply of goods in a free market to reach equilibrium automatically is the invisible hand. Description: The phrase invisible hand was introduced by Adam Smith in his book 'The Wealth of Nations'.

Previous Question

Next Question

Similar questions

English, 6 months ago

paragraph on how to prepare chow...

English, 6 months ago

i............ all my childhood in gujrat 1.was spending 2.spent 3 spend...

Social Sciences, 6 months ago

Which of the following is not a reason for land degradation? * 1 point a(Ever growing demand for the growing population b)Destruction of forest cover c)Collecting water while it rains so that it may come of using future d)None of the above...

Economy, 11 months ago

Bad and doubtful debts of scheduled commercial banks are known as___ a) Non-performing Assets b) Withdrawals of assets c) Non-recoverable Assets d) None of the above...

Chemistry, 11 months ago

Why do we stored silver chloride in dark coloured bottles ? Explain in brief...

English, 1 year ago

What is your thinking playground for children ?

Chemistry, 1 year ago

Which hydride of group 15 has the lowest boiling point? NH3>PH3>AsH3>SbH3>BiH3 NH3>PH3BiH3 NH3>PH3 NH3...

Physics, 1 year ago

Suppose two bodies a and b having equal masses are kept at Heights h and 4h respectively . what is the ratio of their potential energy...