Among the sources of economic inefficiency are all of the following EXCEPT
A) taxes and subsidies.
B) monopoly.
C) rapid technological change.
D) price regulations.

Question

Quizplus · Accepted Answer

Rapid technological change typically contributes to economic efficiency by improving productivity and innovation, rather than causing inefficiency. The other options (taxes and subsidies, monopoly, and price regulations) can distort market outcomes and lead to inefficiency.

Among the Sources of Economic Inefficiency Are All of the Following