Which of the Following Is Not Correct

question 515

Multiple Choice

Which of the following is not correct?

• A)Markets allocate scarce resources with the forces of supply and demand.
• B)The equilibrium of supply and demand is typically an efficient allocation of resources.
• C)Governments can sometimes improve market outcomes.
• D)Externalities cannot be positive.

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Definitions:

Zoning By-Laws

Regulations established by local governments detailing the permissible uses for different areas or zones within a municipality.

Real-Estate Agent

A licensed professional who represents buyers or sellers in real estate transactions, providing guidance, negotiation, and expertise.

Contaminated Cola

A scenario or product where cola or soft drink is tainted or polluted, causing potential harm to consumers.

Zoning

Regulations governing the use and development of land to shape urban growth and land use.