In Which One of the Following Market Models Is X-Inefficiency

question 114

Multiple Choice

In which one of the following market models is X-inefficiency most likely to be the greatest?

• A)pure competition
• B)oligopoly
• C)monopolistic competition
• D)pure monopoly

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Definitions:

Oppressed People

Individuals or groups who face systemic inequalities, discrimination, and injustice inflicted by dominant segments of society.

Achievement Gap

Describes the persistent disparity in academic performance or educational attainment between different groups of students, often based on socioeconomic status, race, ethnicity, or gender.

Social Determinants

Factors such as economic status, education, neighborhood, and physical environment that influence individual and group differences in health status.

Intersectionally

An analytical framework for understanding how aspects of a person's social and political identities combine to create different modes of discrimination and privilege.