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question

Adam Smith could count on self-interest to spur businessmen to greater efficiency. Now, with the rise of large corpora-tions , can modern economists also count on self-interest to produce efficiency?

category

economics

options

  1. Self-interest always leads to efficiency in business
  2. Self-interest is only relevant in small businesses, not in large corporations
  3. Modern economists don't consider self-interest in their analysis
  4. Yes, modern economists can count on self-interest to produce efficiency
  5. Self-interest among modern businessmen is replaced by corporate social responsibility
  6. Modern economists rely solely on government regulation to ensure efficiency
  7. No, modern economists cannot count on self-interest to produce efficiency

src

stemez-Economics

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