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Home Q & A Board Other Fields Homework Help Business Economics
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r5708486 r5708486
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7 years ago
Explain how market forces will lead to conditions when surge prices can occur. Given these conditions in the market, why is the market inefficient in the absence of the surge price? (hint: talk about surplus and/or shortages as well as any deadweight loss that may exist in the absence of a price surge).
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Answer rejected by topic starter
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#1
7 years ago
Myriad markets exist and include the following:
Outside Passive Minority Investor (OPMI) markets including the New York Stock Exchange, NASDAQ, and the various commodity and option exchanges. For most academics, this seems to be the only market that exists.
Markets for control of companies.
Markets for Consensual Reorganization Plans in Chapter 11.
Institutional creditor markets.
Markets for executive compensation.
wrote...
#2
Educator
7 years ago
Upwards Arrow Does that even apply to the question?
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