Market Imperfections Include All of the Following Except

question 12

Multiple Choice

Market imperfections include all of the following except:

• A) Taxes on imported goods
• B) Taxes on exported goods
• C) Stock markets
• D) Two different classes of shareholders for one company

---

Definitions:

Decision Criterion

The standards or benchmarks used to guide choices in the decision-making process.

Alternative Courses

Different paths or options that can be taken to achieve a goal or resolve a problem.

Decision Model

A logical or mathematical representation of a problem or business scenario that can be used to analyze and make decisions.

Specify the Criterion

The process of clearly defining or determining a principle or standard by which something can be judged or decided.