A market that is said to operate at peak efficiency and where goods are readily and easily available is said to be a(n)________ market.
A)perfect
B)Eurocurrency
C)foreign exchange
D)greenfield investment

Question

Quizplus · Accepted Answer

A perfect market is one where there are no barriers to entry, perfect information, and no market power held by any individual buyer or seller. In such a market, goods are readily available and pricing is efficient, leading to an optimal allocation of resources.

A Market That Is Said to Operate at Peak Efficiency