
The market system may not be efficient because people want more of the product. In this situation, the market
A) is not able to account for all costs and benefits.
B) is always able to account for all costs and benefits.
C) accounts for all costs and benefits except in the case of fast food.
D) cannot account for the cost of Styrofoam cups.
E) is unable to measure the cost of cigarettes.
Correct Answer:
Verified
Q13: One reason governments pay so much for
Q14: Which of the following examples deals with
Q15: What incentives are created under a market
Q16: The market system is said to be
Q17: The market system results in
A) economic growth
B)
Q19: Which of the following exemplifies the market
Q20: For a free market to exist, economists
Q21: Which of the following is not constant
Q22: Which of the following goods are bought
Q23: What does the market process refer to?
A)
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