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

question 30

Multiple Choice

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

• A)Monopoly
• B)Public Goods
• C)International Trade
• D)Externalities

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Definitions:

Arsenic

A toxic metalloid element with the symbol As and atomic number 33, known for its various allotropes and compounds.

Calcium Oxalate

A chemical compound that forms needle-shaped crystals and is a common constituent of kidney stones in the human body.

Equilibrium Reaction

A chemical reaction where the rate of the forward reaction equals the rate of the reverse reaction, resulting in a constant concentration of products and reactants.

Ethylene Glycol Poisoning

A toxic condition resulting from ingestion of ethylene glycol, a compound commonly found in antifreeze, leading to metabolic acidosis and renal failure.