Among the sources of economic inefficiency are all of the following EXCEPT
A) subsidies.
B) taxes.
C) competition.
D) external costs.

Name: Among the sources of economic inefficiency are all of the following EXCEPT A) subsidies. B) taxes. C) competition. D) external costs.
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Question

Quizplus · Accepted Answer

Competition typically leads to more efficient allocation of resources, as firms strive to reduce costs and improve products to attract consumers.

Among the Sources of Economic Inefficiency Are All of the Following