The market as a means and means of resource allocation is not almighty and defect-free. Market allocation is generally carried out by invisible hands, that is, the law of value, the law of supply and demand, and the law of competition to regulate spontaneously, and this regulation brings Lag, that is, there is a certain time lag from the signal feedback of price formation to the product output effect. In this passage, the author believes that the "defect" of the "market as a resource allocation" is? ['Spontaneous and competitive.', 'Hysteresis and Regulation.', 'Hysteresis and spontaneity.', 'Competitiveness and regulation.']