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Which of the Following Is Not Correct

Question 4

Multiple Choice

Which of the following is not correct?


A) Market power can cause markets to be inefficient.
B) When the decisions of buyers and sellers affect nonparticipants,markets may be inefficient.
C) The tools of welfare economics cannot help economists when markets are inefficient.
D) Externalities can cause markets to be inefficient.

Correct Answer:

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