Economists Adam Smith and Thomas Malthus wrote that all players in the market are motivated by __________, yet regulated by _________.
a. need/want
b. income/jobs
c. supply/demand
d. self-interest/competition
The correct answer for this question is this one: "d. self-interest / competition." Economists Adam Smith and Thomas Malthus wrote that all players in the market are motivated by self-interest, yet regulated by competition.