When the Market Does NOT Result in an Efficient Allocation

question 67

Multiple Choice

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

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

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Definitions:

IP Address

A unique string of numbers separated by periods that identifies each device using the Internet Protocol to communicate over a network.

Port Scanning

The action of systematically checking a system's ports to identify open doors that could be used for unauthorized access or to understand the system's security stance.

Decreased Performance

A reduction in the efficiency or speed at which a device or system operates, usually due to hardware or software issues.

Chkdsk

A command in Microsoft Windows that checks a disk for file system integrity and fixes logical file system errors.