"in general, if any branch of trade, or any division of labour, be advantageous to the public, the freer and more general the competition, it will always be the more so" --adam smith, the wealth of nations, book 2 chapter 2.

Which of the following entities would most likely agree with Adam Smith's statement?

Consumer protection agencies who are demanding more government oversight

Labor union leaders who are advocating taxes on imports

Public utility company that manages regional power supplies

Stockholders for a pharmaceuticals company that has a new cancer drug

Question

"in general, if any branch of trade, or any division of labour, be advantageous to the public, the freer and more general the competition, it will always be the more so" --adam smith, the wealth of nations, book 2 chapter 2.


Which of the following entities would most likely agree with Adam Smith's statement?

Consumer protection agencies who are demanding more government oversight

Labor union leaders who are advocating taxes on imports

Public utility company that manages regional power supplies

Stockholders for a pharmaceuticals company that has a new cancer drug

anonymous · Answer

@ManImStumped 
@scapeplan

anonymous · Answer

Probably C. It had use for the public and competition exists.