Which of the Following Is Not Correct

question 515

Multiple Choice

Which of the following is not correct?

• A)Markets allocate scarce resources with the forces of supply and demand.
• B)The equilibrium of supply and demand is typically an efficient allocation of resources.
• C)Governments can sometimes improve market outcomes.
• D)Externalities cannot be positive.

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Definitions:

Alcohol Abuse

Denotes the harmful use of alcohol that negatively impacts a person's health, social, or economic functioning.

Phencyclidine

A synthetic dissociative drug originally developed as an anesthetic, known for its hallucinogenic and neurotoxic effects.

D-lysergic Acid Diethylamide

A powerful psychedelic drug known for altering perception, thoughts, and feelings, commonly referred to as LSD or acid.

Cocaine Overdose

A critical and potentially fatal condition caused by consuming too much cocaine, leading to severe health complications.