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Snowcat [4.5K]
4 years ago
14

Which concept does adam smith use to describe the amount of money commonly paid for any commodity

Social Studies
2 answers:
AleksAgata [21]4 years ago
8 0

(APEX) correct answer would be MARKET PRICE

andrey2020 [161]4 years ago
3 0
To describe the amount of money commonly paid for any commodity, Adam Smith invokes the "invisible hand of the market" as a metaphor of supply and demand. 
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