Which of the Following Are the Four Major Factors That

question 82

Multiple Choice

Which of the following are the four major factors that may undermine the ability of the invisible hand to produce market efficiency?

• A) externalities, private goods, poorly informed buyers or sellers, lack of competition
• B) public goods, externalities, lack of competition, poorly informed buyers or sellers
• C) competition, poorly informed buyers or sellers, externalities, public goods
• D) public goods, lack of competition, well-informed buyers and sellers, externalities

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Definitions:

Yield To Maturity

The total expected return on a bond if it is held until the date it matures.

Maturity

The date on which the principal amount of a loan, bond, or other financial instrument becomes due and payable.

Selling

The process of persuading a customer to buy a product or service.