In an economy, which of the following is not a source of inefficiency?
A)Monopoly
B)Public goods
C)Lack of government regulation
D)Externalities above

Question

Quizplus · Accepted Answer

Lack of government regulation is not inherently a source of inefficiency; it can lead to inefficiency if it results in market failures, but regulation itself can also cause inefficiencies if not implemented properly.

In an Economy, Which of the Following Is Not a Source