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:

Clade

A group of organisms that includes a single ancestor and all its descendants, representing a branch on the tree of life.

Sexual Dimorphism

The condition where the two sexes of the same species exhibit different characteristics beyond the differences in their sexual organs.

Physical Disparity

Refers to the noticeable difference or inequality in size, strength, or ability between entities or individuals.

Evolutionary History

The chronological sequence of biological events and processes that has led to the development and diversification of life on Earth over millions of years.