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The Market System May Not Be Efficient Because People Want

Question 18

Multiple Choice
The market system may not be efficient because people want more of the product. In this situation, the market

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.

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