answersLogoWhite

0

An efficient market structure requires a completely free market without interference of outside bodies (e.g. government). It requires a free and open flow of information. It requires sufficient quantities available for trade so that buyers and sellers can make trades easily and quickly. It requires that no single player or association of players can control pricing or availability.

There is no one perfect market to hold up as an example. All of the major worldwide markets (oil, wheat, pork, etc.) have government interference. Some, like oil, have oligopolies that control both production and distribution. None of the markets worldwide have completely free flow of information.

Possibly the most efficient capitalist market worldwide is that for coffee.

User Avatar

Wiki User

15y ago

What else can I help you with?

Related Questions

Is an oligopoly market structure the most efficient market structure?

no it is not


What is the most efficient heating system available on the market today?

The most efficient heating system available on the market today is a geothermal heat pump.


What is the most fuel-efficient roof rack available on the market?

The most fuel-efficient roof rack available on the market is the Thule Aeroblade Edge.


What is the most efficient tile floor removal machine available on the market?

The most efficient tile floor removal machine on the market is the Ride-On Floor Scraper.


How do most investors earn in an efficient market?

Most investors earn in an efficient market by buying and selling assets at fair prices based on available information, rather than trying to outsmart the market.


What is the most efficient electric hot water heater available on the market?

The most efficient electric hot water heater available on the market is the heat pump water heater.


Which models are the most fuel efficient cars?

The most fuel efficient vehicles on the market today are usually hybrids. However, many small and economy sized vehicles on the market are not hybrids but are very fuel efficient as well.


Firms in which market structure hold the most market power?

Monopoly


Firms in Which market structure holds the most market power?

Monopoly


What is the market structure with the most competition?

Perfect Competition


Are monopolies the most common form of market structure?

Monopolies are not the most common market structure, if they were you would not have the large variety of potato chips, drinks, etc.Instead "monopolistic" markets are arguably the most common form. In this market structure there are many firms who sell similar products (but not the same).


What is the most efficient ivy removal machine available on the market today?

The most efficient ivy removal machine available on the market today is the Brush Grubber BG-19 Heavy-Duty Clump Grubber.

Trending Questions
How does rivers affect the economy of a country? How is foreign exchange rate determine? Why do the countries belonging to OPEC avoid producing too much oil at one time? How does the traditional way of life affect a country developing? Where is worthing? When does the economy get bad? In the 1950s American businesses such as the housing industry benefited most directly from? The U.S. economy was in recession at the end of the first decade of this century. Compared to previous economic downturns .? What is defined as the relationship between benefits and the sacrifice necessary to obtain those benefits.? Suppose you were worth your weight in one pound coins how much would you be worth? One kg of tea and one kg of sugar together cost rs 95 if the price of tea falls by 10 percent and that of sugar rises by 20 percent the price of 1 kg combined comes to rs90 the original price of tea p? How can the informal sector contribute to the economy? What is the official currency of the EU? How much is 11000 euros in dollars? Dangerous labor conflict resolved by Rooseveltian negotiation and threats against business people? Why did business leaders oppose government regulation of businesses? Why do central banks try to control money supply? What did Peter Drucker believe to be the most important factor to increasing a nations wealth? What is the term for the joining of two or more firms involved in different stages of producing the same good or service? Since 1980 why have many farmers sold or left their farms?