Which of the Following Statements Is Not Correct

question 4

Multiple Choice

Which of the following statements is not correct?

• A)An invisible hand leads buyers and sellers to an equilibrium that maximizes total surplus.
• B)Market power can cause markets to be inefficient.
• C)Externalities can cause markets to be inefficient.
• D)The invisible hand can remedy all types of market failures.

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Definitions:

Gene Mutations

Permanent alterations in the DNA sequence of a gene, potentially affecting an organism's traits or health.

Birth Defects

Congenital abnormalities or conditions that are present at birth, which can affect the physical or cognitive development of a child.

Diseases

Conditions that impair normal body functions and are characterized by specific symptoms and signs.

Quantity

The quantity of a substance or abstract item that does not need a measurement unit to be quantified.