Markets Can Be Missing If

question 43

Multiple Choice

Markets can be missing if:

• A) there is a lack of technology that would make the exchanges possible.
• B) there is a ban on the sale of a particular good.
• C) there is a lack of accurate information between potential buyers and sellers.
• D) All of these are true.

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Definitions:

Control Through Nonhuman Technology

refers to the use of technological tools, systems, and artifacts to exert power or influence behaviors without direct human intervention.

Globalization

The process of interaction and integration among people, companies, and governments worldwide, often leading to global interdependence.

Vagabonds

Individuals who wander from place to place without a permanent home or job, often living a lifestyle outside conventional societal norms.

Freely

Without restriction or limitation; able to act, speak, or think without being hindered or constrained.