menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics Principles and Policy Study Set 2
  4. Exam
    Exam 15: The Shortcomings of Free Markets
  5. Question
    A Market Will Be Efficient Even If There Is Imperfect
Solved

A Market Will Be Efficient Even If There Is Imperfect

Question 15

Question 15

True/False

A market will be efficient even if there is imperfect information as long as the market is competitive.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q10: The supply of public goods must be

Q11: The Rand Corporation estimates that external costs

Q12: What is the meaning of "a defective

Q13: Private goods are not excludable.

Q14: Rent seeking refers to unproductive activity in

Q16: Explain why government, rather than private firms,

Q17: High interest rates<br>A)increase the profitability of capital

Q18: Productivity in manufacturing sectors has risen faster

Q19: On balance, markets do some things very

Q20: Market economies have air and water pollution,

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines