Question

adam smith believed that fair prices for goods are determined in a capitalist system through competition between businesses. by government regulation of businesses. by setting limits on imports and exports. through competition between consumers.

Explanation:

Adam Smith, the father of modern economics, proposed the concept of the invisible - hand. He believed that in a capitalist system, fair prices are determined by the free - market competition between businesses. Government regulation, import/export limits, and consumer - to - consumer competition are not the main ways he thought prices are set.

Answer:

A. through competition between businesses