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One of the roles of a government is to limit the market power of monopolies or even to eliminate them entirely due to <u>market inefficiencies.</u>
<h3>What is market inefficiencies?</h3>
An inefficient market, which can happen for a number of reasons, is one where an asset's prices do not fairly reflect their true value, in accordance with economic theory.
Deadweight losses are often the result of inefficiencies. The majority of markets do, in fact, exhibit some degree of inefficiency, and in the worst situation an inefficient market might serve as an illustration of a market failure.
According to the efficient market hypothesis (EMH), in a market that functions effectively, asset prices always reflect the true worth of the asset. For instance, a stock's current market price ought to accurately reflect all information that is now publicly available about it.
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Answer:
Explanation:
In
the
1630s,
the
Tokugawa
shogunate
took
a
series
of
steps
to
further
restrict
Japan’s
international
contacts.
By
1639,
the
Dutch
were
the
only
Europeans
permitted
to
come
to
Japan,
and
the
conditions
under
which
they
were
allowed to trade and interact with Japanese were extremely circumscribed by the Tokugawa authorities. The
following
edict
of
1635
was
issued
by
the
shogunate
to
the
officials
administering
the
busy
port
of
Nagasaki,
the
site
of
most
of
Japan’s
foreign
contacts
at
the
time.
Explanation:
Treaties may also remain in the Senate Foreign Relations Committee for ... Under the Articles of Confederation a treaty could be entered into with the consent of nine of the thirteen states, ...
Answer: ( D ). Determining strategic direction and establishing balanced organizational controls.
