Market Failures ________ and Generate ________

question 19

Multiple Choice

Market failures ________ and generate ________.

• A)compel the government to act; regulations
• B)create monopolies or oligopolies; deadweight loss
• C)reduce economic efficiency; deadweight loss
• D)create deadweight loss; externalities

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Definitions:

Doxing

The act of publicizing private or identifying information about an individual online without their consent, often for malicious purposes.

Community Relationships

The connections and networks developed among individuals within a community that facilitate cooperation and support.

Social Capital

The networks, relationships, and norms that enable collective action and contribute to the social cohesion and economic prosperity of communities.

Legitimate Power

Authority that an individual or group possesses that is accepted and recognized by others, often stemming from a formal position or role.