Which of the Following Statements Is Not Correct

question 4

Multiple Choice

Which of the following statements is not correct?

• A)An invisible hand leads buyers and sellers to an equilibrium that maximizes total surplus.
• B)Market power can cause markets to be inefficient.
• C)Externalities can cause markets to be inefficient.
• D)The invisible hand can remedy all types of market failures.

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Definitions:

Task Analysis

The process of breaking down a task into smaller steps or components to understand and teach the required skills.

Isolating

The process of separating something from others or identifying something as distinct.

Sequencing

The arrangement of events, actions, or processes in a specific order or sequence.

Formative Assessment

An educational evaluation tool used to monitor student learning progress and provide ongoing feedback to improve teaching and learning.