Which of the Following Is Not a Cause of Economic

question 51

Multiple Choice

Which of the following is not a cause of economic inefficiency?

• A)Market power
• B)Externalities
• C)Free entry and exit of firms
• D)Imperfect information

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Definitions:

Serotonin Levels

The concentration of serotonin, a key neurotransmitter affecting mood, anxiety, and happiness, within the nervous system.

Stress Protection

Strategies or factors that shield individuals from the negative effects of stress.

External Locus

Refers to the belief that outside forces, rather than personal actions, control one's life circumstances.

Locus of Control

A psychological concept that refers to individuals’ beliefs about the extent to which their actions influence the rewards and consequences they experience.