It helps to explain the valid rationale of buying these passive mutual funds and exchange-traded funds ETFs. They say this implies that economic rents which they describe as profits generated from a lack of perfect competition must be reduced or eliminated as much as possible through free competition. Navigate Money 4 Efficient Market Hypothesis Efficient Market Hypothesis Hypothesis Marketing An efficient market is one where all information is transmitted perfectly completely instantly and for no cost. . Draw and fully label a production possibilities for Cliffordonia b. A purely capitalist economy is a free market economy. The free market economy naturally promotes equality. Advocates of free-market capitalism argue that private ownership and open unregulated exchange of goods and services is the fairest and most efficient path to economic growth and progress. Key advantages of free market economic systems include. Risin...