Examlex
Check the following paragraph(s) for unity. Select the number of the sentence that does not belong in the paragraph. Identify the sentence that does not belong.
(1) Some very odd things have been sold on eBay, the online auction site. (2) One man recently sold his forehead for advertising space. (3) The winning bid was $37,000. (4) When pop singer Justin Bieber cut off his long, famous hair, the locks sold for over $40,668, and several sellers have offered buyers a chance to own singer Britney Spears's used chewing gum. (5) A cheese sandwich said to bear an image of the Virgin Mary went for $28,000. (6) A cinnamon bun that supposedly looked like Mother Teresa was stolen from a coffeehouse in Nashville, Tennessee. (7) One eBay shopper paid $4,550 for a vampire-killing kit, and another bought a serial killer's fingernails for $9.99. (8) "The meaning of life" sold for a mere $3.26, and another buyer got "Nothing! Absolutely Nothing!" for $1.03.
Market Failure
A scenario where the distribution of goods and services through a free market fails to achieve efficiency, typically resulting in a decrease in overall social welfare.
Public Goods
Goods that are non-excludable and non-rivalrous, meaning they can be used by everyone without diminishing availability to others, such as public parks and street lighting.
Price Mechanism
The system by which the prices of goods and services are determined in a free market, through the forces of supply and demand.
Government "Five-Year Plan"
A centralized and often government-enforced economic development strategy, typically aimed at rapid industrialization or development within a five-year timeframe.
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