When the Market Does NOT Result in an Efficient Allocation

question 185

Multiple Choice

When the market does NOT result in an efficient allocation of scarce resources,economists say that there has been:

• A)market dropout.
• B)normative economics.
• C)market disincentives.
• D)market failure.

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Definitions:

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Infections that are commonly spread by sex, including vaginal intercourse, anal sex, and oral sex.

Young Adolescents

A developmental stage typically referring to individuals aged between 10 and 14.

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A barrier device made of latex designed to be worn inside the vagina during sexual intercourse to reduce the risk of sexually transmitted infections (STIs) and pregnancy.