- Fri Aug 07, 2015 7:32 pm
#19297
Hi justpeachy,
Yes, you are understanding the question, argument, and answer choice E correctly.
The last paragraph of your post, especially, summarizes well and succinctly why E is correct - the objection raised in the stimulus is just a stock, unoriginal assertion that free markets ("operation of the market") are most efficient when unregulated and not subject to external influence; however, answer choice E effectively points out that situations inevitably arise where the free market does, in fact, produce inefficiencies.
Do you feel more comfortable with this question now?
Yes, you are understanding the question, argument, and answer choice E correctly.
The last paragraph of your post, especially, summarizes well and succinctly why E is correct - the objection raised in the stimulus is just a stock, unoriginal assertion that free markets ("operation of the market") are most efficient when unregulated and not subject to external influence; however, answer choice E effectively points out that situations inevitably arise where the free market does, in fact, produce inefficiencies.
Do you feel more comfortable with this question now?