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.
no it is not
Monopoly
Perfect Competition
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).
Efficient-market hypothesis was created in 1900.
no it is not
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.
Monopoly
Monopoly
SunPower and Sanyo Electric produce the 50 most efficient solar panels available on the market today.
Perfect Competition
The 2012 Mitsubishi is one of the most fuel efficient SUVs in the market. It has 112 MPG and is very fuel efficient. I recommend the 2012 Mitsubishi for your needs.
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).
Efficient-market hypothesis was created in 1900.
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An efficient market is one in which the buyer and the seller gets what they want at a good price. An efficient market doesn't have to include an exchange of money.
what is meant by the expression efficient market.briefly explain the different forms of efficient market