Which of the Following Is a Major Source of Inefficiency

question 14

Multiple Choice

Which of the following is a major source of inefficiency?

• A) market power
• B) perfect competition
• C) price taking
• D) all of the above

Understand the evolutionary nature of social media and the significance of adaptability.

Acknowledge the need for strategic learning and planning in social media.

Realize the potential of virtual reality (VR) in social media for storytelling, education, and marketing.

Identify the importance of ongoing engagement and participation in the social media industry.

---

Definitions:

Function

The specific role or purpose that something or someone serves within a larger system or organization.

High

A term that could refer to a level of hierarchy, degree of intensity, or a state of elevated performance or quality in various contexts.

Dissatisfied

A feeling of unhappiness or displeasure because expectations or needs have not been met.

Procedural Unfairness

A situation where the methods or processes adopted in decision-making or dispute resolution are unjust or biased.