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Selecting the Exception Four of the five answers listed below are principal characteristics of all chordates. Select the EXCEPTION.
Market Failures
Situations where the allocation of goods and services by a free market is not efficient, often leading to a net social welfare loss.
Environmental Regulations
Laws and rules designed to protect the environment that set limits on pollution, require permits for certain activities, and impose penalties for violations.
Special Interests
Groups that seek to influence governmental or organizational decisions in favor of their specific concerns or objectives.
Transaction Costs
Expenses incurred when buying or selling goods or services, including search, bargaining, and enforcement costs of a deal.
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