Which of the Following Statements Is Not Correct

question 342

Multiple Choice

Which of the following statements is not correct?

• A)Government policies may improve the market's allocation of resources when negative externalities are present.
• B)Government policies may improve the market's allocation of resources when positive externalities are present.
• C)A positive externality is an example of a market failure.
• D)Without government intervention, the market will tend to undersupply products that produce negative externalities.

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Definitions:

Poverty and Race

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Complete Remission

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Hospitalized

The state or process of being admitted to a hospital for treatment, observation, or a particular health condition.

Sociocultural Perspectives

Views that emphasize the importance of the social environment and culture in influencing human behavior and mental processes.