List the two assumptions that underlie the conclusion

Reference no: EM13212303

List the two assumptions that underlie the conclusion that free markets are efficient. Explain how these assumptions either do or do not apply to an industry of your choosing. When doing this forum be careful not to use a market outcome, like allocating goods to those that most value them and confuse it with an assumption - assumptions are 'a prior' outcomes are "posterior"

Reference no: EM13212303

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