(Answered) true or false When markets are allowed to reach equilibrium without intervention efficiency loss is…

➤ What conditions must hold for market equilibrium to be efficient without intervention?
For unregulated equilibrium to be efficient you need perfect competition, many buyers and sellers, full information, no externalities, clearly defined property rights, zero transaction costs, and complete markets. These conditions align private marginal costs and benefits with social marginal costs and benefits and maximize total surplus.