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kind of efficeint market

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Q: What are the characteristics required to be present for a market to be described as efficient market?
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Perfect competition is efficient in the long run because price marginal cost and firms are producing at minimum?

Perfect competition is efficient in the long run because price _____ marginal cost and firms are producing at minimum _____.


Barter economy is more efficient than present money economy?

No. A barter economy is less efficient than the current system. A barter system relies on individuals having a double coincidence of wants where each person wants the exact opposite thing that someone else is willing to sell at that particular time. So, people who needed certain things that weren't on the market were out of luck. Also, the barter economy has a flaw in the indivisibility of products. This means certain large expensive items such as tractors were not able to be divided equally to make necessary exchanges for smaller ticket items. The present money economy makes trade more efficient.


Why is china getting richer?

Because they were very poor when they were a largely isolated and centrally planned economy.Trade provides opportunities for value creation not present in isolation.The rise of non-governmental enterprise has provided more efficient exploitation of human energy and natural resources


Cars manufactured in Italy?

Current major manufacturers Alfa Romeo (1910–present) Ferrari (1947–present) Fiat (1899–present) Lamborghini (1963–present) Lancia (1906–present) Maserati (1914–present) Pagani (1992–present) Other current manufacturers Abarth (1949–present) Casalini (1969–present) Centenari (1991–present) Covini (1978–present) Dallara (1972-present) DR (2006–present) Effedi (1979–present) Italdesign Giugiaro (1968-present) Manifattura Automobili Torino (2014-present) Faralli & Mazzanti (2006–present) Giottiline (2006–present) Martin (1990–2015) Mazzanti (2002–present) Picchio (1989–present) Pininfarina (1930-present) Soleil (2011–present) Spada (2008–present) Reference - Wikipedia


What is the present tense of export?

Export is already in the present tense.

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No, you are not required to present identification when voting in an election in Utah.


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