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    Principles of Microeconomics Study Set 4
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    Exam 6: Markets, Maximizers, and Efficiency
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    When the Market Does Not Result in an Efficient Allocation
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When the Market Does Not Result in an Efficient Allocation

Question 91

Question 91

Multiple Choice

When the market does not result in an efficient allocation of scarce resources, economists call this:


A) market dropout.
B) normative economics.
C) market disincentives.
D) market failure.

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