| In a perfectly competitive market an Invisible Hand is at play which changes price whenever there is imbalance in the market. Who gave the concept of invisible hand? |
Adam Smith Amartya Sen Irving Fisher David Ricardo |
| Adam Smith |
| From the time of Adam Smith (1723-1790), it has been maintained that in a perfectly competitive market an Invisible Hand is at play which changes price whenever there is imbalance in the market. |