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Please select a market that you think is efficient or inefficient and explain why in economic terms. Provide details of your experience as to what supports your conclusion.
Respond to one peer and compare factors that impact if a market is efficient or not from an economic perspective. For this question, you should be discussing the ideas of consumer and producer surplus. The efficient market hypothesis (EMH) looks at efficiency from a finance perspective and is slightly different. In this DB you must be utilizing the terminology from our textbook or other economic materials focusing on surplus and equilibrium of supply and demand. State whether or not you think the "invisible hand" works well for the market you selected above.
This document contains various important questions and their appropriate answers in the subject field of Economics.
Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.
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