Which of the Following Is Not the Case When Social

question 94

Multiple Choice

Which of the following is not the case when social costs are greater than private costs?

• A)The market's price signals are flawed.
• B)Resources are allocated efficiently.
• C)There is market failure.

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Definitions:

Loving

An intense feeling of deep affection, care, and attachment towards someone or something, often characterized by emotional warmth and a desire for close bonds.

Reaction Formation

A defense mechanism in which an individual unconsciously replaces unacceptable thoughts or feelings with their opposites.

Defence Mechanism

A psychological strategy unconsciously used to protect oneself from anxiety arising from unacceptable thoughts or feelings.

Loving

An intense feeling of deep affection towards someone or something, characterized by warmth, care, and a desire for the well-being of the object of love.