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mylab.pearson.com C + Course Home Homework ECN 104 - F2025 - Section 011 Noorman Hothi 11/05/25 11:08 PM 1Homework: Homework 4 Question Completed: 53 of 60 Part 3 of 3 My score: 45.3/60 pts (75.5%) Save Minimize list A black market is A. a legal market without consumer sovereignty. X Question | 0/1 pt B. a nonlegal market for regulated goods and services. C. a regulated market with excessive profits. Concept Question 10.1.9 50 V X D. an illegal market with negative externalities. Question | 0.5/1 pt What types of goods are likely to be traded in a black market? (Check all that apply.) Concept Question 10.1.10 51 A. Health care. Question | 1/1 pt B. Education. C. Protective services. Text Problem 9 52 Y D. Drug dealing. Question | 0/1 pt X YE. Prostitution. Concept Question 10.2.1 Which of the following is a problem that black markets pose in an economy? 53 Question | 1/1 pt O A. the government being forced to levy lower taxes. Concept Question 10.2.2 B. Governments use resources to enforce the law. 54 Question | 1/1 pt C. the direct costs of obeying the government regulations. O D. legitimate businesses extracting surplus. Review Question 11 O E. less variety of goods for consumers. 55 Question | 0/1 pt Concept Question 10.3.1 56 Question | 0/1 pt Etext pages Grapher Clear all Check