Which of the Following Is Not an Example of Market

question 23

Multiple Choice

Which of the following is not an example of market failure?

• A) Lack of competition.
• B) Externalities.
• C) Equilibrium.
• D) Extreme income inequality.

Understand the psychological characteristics and social effects of narcissism.

Identify the impact of social context, including reference groups, on self-concept.

Analyze the relationship between gender, ethnicity, and self-esteem differences.

Grasp the concept of selective attention and its relation to self-awareness.

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Definitions:

Social Customs

Traditional practices and norms governing the behavior in particular social groups or societies.

Racial Discrimination

Prejudice or discrimination against individuals based on their race or ethnicity.

Stressor

A factor or event that causes stress to an individual.

Cortisol

A steroid hormone produced by the adrenal cortex, involved in the body's stress response as well as metabolism and immune function.