Question

It is Valentine's Day and Pierre wants to buy his girlfriend Madeline a dozen long stemmed roses to show his love for her. He walks into a new neighborhood flower store and reads a plaque next to the roses. Apparently, the roses were grown by farmers in Nairobi, Kenya. Not mentioned on the plaque was that a shipping company packed them, a pilot flew them on a refrigerated plane, and a trucking company took them to the floral shop. The flower shop owner thought that since the town didn't have a flower shop, she could capitalize on the market. Pierre buys a dozen roses from the shop for $60 and presents them to Madeline, much to her delight. What main principle does this story best illustrate? O hyperinflation. O an economic boom. O an economic bust. the invisible hand. O a recession. O a lopsided trade-off. O central banking.

Answer 1

Story best represents the invisible hand, from the grower in Kenya to the person buying it,it involves many people in between. All of them are working for their benefit and the rose reached its destination. All of this was managed without the people knowing each other only due to the invisible hands of the economy.

the answer is "D", invisible hand.