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Q: What is the main principle of Adam Smith's The Wealth of Nations? (1 point) Profits are in what people need rather than what they want. Business prospers by finding out what people want and
providing it. Although goods are inexpensive, people do not always get what they need. A price-based system sets some goods, such as food or housing, out of the reach of some people.
A: 2. business prospers by finding out what people want and providing it
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User: What is the main principle of Adam Smith's The Wealth of Nations? (1 point) Profits are in what people need rather than what they want. Business prospers by finding out what people want and providing it. Although goods are inexpensive, people do not always get what they need. A price-based system sets some goods, such as food or housing, out of the reach of some people.

Weegy: 2. business prospers by finding out what people want and providing it
thewolf010|Points 1160|

User: What prompts efficient resource allocation in a well-functioning market system? (1 point) business operating for a profit government regulation the need for fair allocation of resources the need to buy goods regardless of price

Weegy: Business operating for a profit prompts efficient resource allocation in a well-functioning market system............
sujaysen|Points 2623|

User: How do price changes affect equilibrium? (1 point) by assisting the centrally planned economy by serving as a tool for distributing goods and services by limiting the market to people who have the most by preventing inflation or deflation from affecting the supply of goods

Weegy: By serving as a tool for distributing goods and services
Expert answered|peanut213|Points 360|

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Asked 9/20/2012 10:38:05 AM
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