If an Externality Is Present in a Market, Economic Efficiency

question 129

Multiple Choice

If an externality is present in a market, economic efficiency may be enhanced by

• A)increased competition.
• B)weakening property rights.
• C)better informed market participants.
• D)government intervention.

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Definitions:

Nuclei

Nuclei are membrane-bound organelles found in eukaryotic cells, containing most of the cell's genetic material and acting as the control center for cell growth, metabolism, and reproduction.

Skeletal

Relating to or consisting of the bones of the body or the skeleton.

Smooth

A type of involuntary muscle found in various organs, including the stomach, intestines, and blood vessels, controlling their movements and function.

Cardiac

Pertaining to the heart, its structure, function, or diseases.