Smith's value theory suggests that value is a perception only and need not be a reality--that its value is subjective and only in the consumer's mind. O True O False Adam Smith opposes mercantilism and says that it would be better to: OA. Export more goods that are produced for lower costs OB. Import more goods that have proven technological advantages OC. Import those goods that other countries produce at lower costs OD. A and C OE. A, B and C Mandeville says that vice generates all of the following except: A. Jobs for the poor OB. Innovation e OC. Increased general industry (GDP) for an economy D. A and B only A O E. None of the above-he says vice generates A, B, and C Laissez-Faire thinkers hold that the basis of political economy is little to no governmental interference in business affairs. Of the following, who might support this idea? A.Emerson. O B.Confucius O C. Aristotle OD. A and B only O E. B and C