which of the following illustrates what happens when supply and demand work as they should according to adam smith

Question

a governments open new factories to meet demand for goods
b companies make more of a product even though few people buy it
c consumers make companies create new types of products
d there is enough supply of a given product to meet customer demands

Answer 1

The option that best illustrates what happens when supply and demand work as they should according to Adam Smith is:

d) There is enough supply of a given product to meet customer demands.

This outcome reflects the ideal balance between supply and demand, where the quantity of goods supplied aligns with the quantity demanded by consumers, leading to market equilibrium.