Explain the operation of the “invisible hand” and why market economies usually do a better job than command economies at efficiently transforming economic resources into desirable output.

Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter1: Introducing The Economic Way Of Thinking
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Explain the operation of the “invisible hand” and why market economies usually do a better job than command economies at efficiently transforming economic resources into desirable output.
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