QuestionFebruary 2, 2026

According to Smith, incentives form the bedrock upon which markets are built: Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. a True b False Saved

According to Smith, incentives form the bedrock upon which markets are built: Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. a True b False Saved
According to Smith, incentives form the bedrock upon which markets are built:
Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer.
a
True
b False
Saved

Solution
4.4(336 votes)

Answer

a True Explanation 1. Analyze the statement The statement suggests that incentives are fundamental to market structures, aligning with economic theories that emphasize the role of incentives in driving market behavior and efficiency. 2. Determine the correctness Smith's economic theories often highlight the importance of incentives in market operations, suggesting the statement is consistent with his views.

Explanation

1. Analyze the statement<br /> The statement suggests that incentives are fundamental to market structures, aligning with economic theories that emphasize the role of incentives in driving market behavior and efficiency.<br /><br />2. Determine the correctness<br /> Smith's economic theories often highlight the importance of incentives in market operations, suggesting the statement is consistent with his views.
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