Why is the economic efficiency of market economies important?

2 answers:

7 0

Market-based economies have come to be the dominant system for the production and distribution of goods and services. The power of markets stems from their decentralized nature. One of the advantages of economies of scale is the possibility of forming reliable and efficient distribution networks. The forces of self-interest, competition, and the balancing of supply and demand all exert stabilizing influences on prices in the market. They suggest the concept of an efficient market, defined follows: An efficient market is one in which prices always fully reflect available information, a market’s ability to communicate economic information via trade.

Agata [3.3K]3 years ago

4 0

It is needed to keep balance in a nation's economy, and between the economies of multiple countries. I should be able to purchase stock, and make a good return.

You might be interested in

Pananaw ni leonor M Briones

melamori03 [73]

Answer: In this Philippine name for married women, the birth middle name or maternal family name is Marisol, the birth surname or paternal family name is Magtolis, and the marital name is Briones.

Explanation:

7 0

3 years ago

The South African War took place in the territory represented by which letter?

Yuri [45]

It took place around A

4 0

3 years ago

Someone plz help me giving brainliest

Savatey [412]

Answer:

Why did you eat chips and olives when it's so close to lunchtime.

Explanation:

Have you drawn an animal on the mural yet?

3 0

3 years ago

Factors leading to the Great Depression included all of these except:

SCORPION-xisa [38]

I'm pretty sure the answer is D. poor working conditions, because people back then were very serious when it came to working, since they needed the money badly. All of the other answer choices are factors that led to the Great Depression.

7 0

3 years ago

INTRODUCTION SENTENCE

DochEvi [55]

<h3>In the story it has more of a sad strange mood. And i feel like that they have the same mood. After that The mood change to more of a happier feeling. The women was helping and caring also in the text to but not so much detail. she was a normal lady but no children and i thought as i was looking at it at The end he had got the shoes. I pictured it to be more sadder but it had more of a twist sad to happy i loved when it did i felt also happy when the text/film change's it's mood so do i. Thank you Ma'am when i first heard about it i thought maybe its a sad story because you had to of done something that you cannot do and the person that had done what you wanted to do and it's sad to me. In the text it was kinda spooky Not like that but scary sad it was a mixed when it's night i get a scary vibe from the place i'm in. I knew something bad was gonna happen i felt scared for her a bit I mean she was walking alone anything could've happened to her. I think the moral of the story is You can always forgive and never forget.</h3>

4 0

2 years ago