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The efficiency of market organization is dependent on which of the following? A) the availability of low cost resources and high tariffs on foreign imports B) competitive markets and well-defined and enforced private property rights C) Government establishment of the invisible hand principle and the inelasticity of certain goods. D) well-regulated supply and demand
The efficiency of market organization is dependent on competitive markets and well-defined and enforced private property rights.
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Asked 3/17/2014 5:02:50 PM
Updated 12/15/2017 11:27:08 AM
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The efficiency of market organization is dependent on competitive markets and well-defined and enforced private property rights.
Added 12/15/2017 11:27:08 AM
This answer has been confirmed as correct and helpful.
Confirmed by Masamune [12/16/2017 3:48:35 AM]
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