Which Factor Can Cause Inefficiency in a Market

question 134

Multiple Choice

Which factor can cause inefficiency in a market

• A)a good not being produced by sellers with the lowest cost
• B)a good being consumed by buyers who value it most highly
• C)scalping
• D)the market being unregulated

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Definitions:

Trichromatic Theory

The theory that color vision is made possible by three types of cones, some of which respond to red light, some to green, and some to blue.

Active Touching

The process of using one’s own touch or motion to explore objects and environment, playing a critical role in sensory perception.

Thalamus

A structure within the brain that acts as a relay station for incoming sensory information, directing it to the appropriate areas in the cortex for processing.