Which of the Following Is Not Correct

question 2

Multiple Choice

Which of the following is not correct?

• A)Market power can cause markets to be inefficient.
• B)When the decisions of buyers and sellers affect nonparticipants,markets may be inefficient.
• C)The tools of welfare economics cannot help economists when markets are inefficient.
• D)Externalities can cause markets to be inefficient.

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Definitions:

Authoritarian

A governing or leadership style characterized by absolute or blind obedience to authority, as against individual freedom and related to the expectation of unquestioning obedience.

Permissive

Describes a parenting style characterized by low demands with high responsiveness, where parents are lenient and often only intervene when necessary.

Disengaged

A term often used in psychology to describe a state where an individual is emotionally or cognitively disconnected from a task, activity, or social interaction.

Socialization Goals

The intended outcomes parents or society aim for in the process of socializing children and imparting values, behaviors, and norms.