Question

. Which of the following terms did Adam Smith use to discuss the motivations of producers in the market place?. A.production possibilities. B.the want factor. C.the invisible hand. D.consumer sovereignty. A?

Answer 1

"The invisible hand" is the term among the following options given in the question that Adam Smith used to discuss motivations of producers in the market place. The correct option among all the options that are given in the question is the third option or option "C". I hope the answer helps you.

Answer 2

I believe the answer is: C. the invisible hand

The invisible hand that mentioned by adam smith refers to the power of supply and demand. When a certain product is demanded by the consumers in the market, the producers would see it as a potential to obtain profit and become motivated to provide it for them.