Which of the Following Statements Is Not Correct

question 342

Multiple Choice

Which of the following statements is not correct?

• A)Government policies may improve the market's allocation of resources when negative externalities are present.
• B)Government policies may improve the market's allocation of resources when positive externalities are present.
• C)A positive externality is an example of a market failure.
• D)Without government intervention, the market will tend to undersupply products that produce negative externalities.

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Definitions:

Sample

A subset of a population selected for measurement, observation, or questioning to provide statistical information about the population.

Sampling Error

The error that occurs in statistical analysis from selecting a sample that is not perfectly representative of the entire population, potentially leading to inaccurate results.

Nonresponse Bias

A form of bias in survey data resulting from the difference between those who respond to the survey and those who do not, potentially skewing the results.

Sentiment Analysis

The computational process of identifying and categorizing opinions expressed in a piece of text to understand the writer's attitude.