The invisible hand is mostly guided by ________.
A) the costs of production
B) the quantity of goods and services sold
C) market prices
D) government intervention

Question

Quizplus · Accepted Answer

The invisible hand refers to the self-regulating behavior of a market economy guided by market prices. Prices are determined by supply and demand, and participants in the market respond to these signals to make decisions about production and consumption. This results in an efficient allocation of resources without the need for government intervention.

The Invisible Hand Is Mostly Guided by ________