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  3. Study Set
    Principles of Macroeconomics Study Set 8
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    Exam 7: Consumers Producers and the Efficiency of Markets: Conclusion Market Efficiency and Market Failure
  5. Question
    Inefficiency Can Be Caused in a Market by the Presence
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Inefficiency Can Be Caused in a Market by the Presence

Question 1

Question 1

Multiple Choice

Inefficiency can be caused in a market by the presence of


A) market power.
B) externalities.
C) imperfectly competitive markets.
D) All of the above are correct.

Correct Answer:

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