Mark is an excellent cook. he does not have any formal training but learned to cook by following the recipes of several famous chefs and his mom. every weekend, he invites friends over for dinner so he can try new dishes and get honest feedback from his friends. mark wants to start his own restaurant someday because he thinks he would be successful and become wealthy. which of adam smith’s ideas made mark think of starting a restaurant? invisible hand
self-interest
competition
laissez-faire

Self-interest.

Explanation:

Self-interest can be described as the set of actions that will help an individual achieve certain benefits.

For Adam Smith, when people act in their own personal interests, the greatest economic benefit is achieved, that is, self-interest and competition are the two major motivating forces capable of shaping economic activity, for individuals and companies possess the increased resources available such as labor and capital to achieve benefits from market activities to satisfy self-interest and thus boost supply and demand for goods and services.

a. $48.75

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