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

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

Quizplus · Accepted Answer

Rapid technological change typically leads to increased efficiency, not inefficiency, as it can improve productivity and reduce costs.

Among the Sources of Economic Inefficiency Are All of the Following