1. The Effect of Invisible Hand to Society
... and invent new products. For example, pizza hut has launched "pizza with suki topping- and Swensen has launched "green tea favoured ice cream-. In the long run, it is the consumer who benefits in the form of new, better and cheaper products. In a free market, the markets are highly competitive, no one has great power. Competition between firms keeps prices down and acts as an ... to attract consumers. If you have been to Pinklao road, you would have seen the over crossing in front of the Merry king department store, which is built privately by the department store. The over crossing, wh...
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