In an Economy, Which of the Following Is Not a Source

question 26

Multiple Choice

In an economy, which of the following is not a source of inefficiency?

• A)Monopoly
• B)Public goods
• C)Lack of government regulation
• D)Externalities above

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Definitions:

Flawed Plans

Strategies or proposals that contain mistakes, oversights, or deficiencies, rendering them ineffective or problematic.

Challenge

A task or situation that requires someone to use their skills and abilities to overcome obstacles and achieve a goal.

Impression Management

The process of deliberately controlling or influencing the perceptions of others about oneself, typically to gain social or personal advantages.

Ingratiation

A social influence strategy used to make oneself more likable to others, often through flattery or by conforming to their opinions.