Q Question 1 10 / 10 pts In a market economy, government intervention Question 2 10 / 10 pts In the absence of externalities, the "invisible hand" leads a market to maximize Correct! Question 3 10 / 10 pts The term market failure refers to Correct! Question 4 10 / 10 pts An externality is the impact of Question 5 10 / 10 pts A cost imposed on someone who is neither the consumer nor the producer is called a