Norway is the world's electric vehicle (EV) capital city. By replacing a sizeable number of fossil-fueled vehicles, Norway gains a combination of reduced CO 2 emissions nationally and measurably cleaner air. On the other hand, producing EVs requires significant raw materials, increasing the extraction duration and person-hours of many mineral deposits. Which of the following represents this market failure that undermines economic efficiency? Monopoly power Natural monopoly Negative (& positive) externalities Common property resources Public goods