Fourteen years ago,Murray noticed that a lot of people who bought personal computers really did not know much about how to use them and frequently suffered system crashes and other aggravations.He decided he could earn a nice profit by starting a consulting business to help other people overcome their computer woes.Although the business struggled at first,it has been quite successful for the last five years.Murray has many satisfied customers,and the business has grown to the point where he now employs several workers.Murray's experience is an example of:
A) socialism at work.
B) the principle of comparative advantage.
C) the invisible hand.
D) the multiplier principle.
Correct Answer:
Verified
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