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Which inefficiency is NOT caused by price floors?
Independence
The state or condition of being free from being influenced or controlled by others, in terms of decision-making or action.
Social Loafing
The tendency for individuals to exert less effort when working collectively in a group than when working individually.
Decision Polarization
The process through which an individual's choice becomes more extreme or pronounced after group discussion or exposure to persuasive arguments.
Peer Pressure
The influence exerted by a peer group in encouraging a person to change their attitudes, values, or behaviors in order to conform to group norms.
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